"Meanwhile, free-market enthusiasts—the sort of people who elsewhere in the world are referred to as “liberals”—began casting about for a new name. The one they ended up fixing on was libertarian—a term they borrowed from the Left. The result is that it is even more difficult for Americans to talk to anyone else about politics, since, in the rest of the world, libertarian still largely retains its traditional meaning as a synonym for anarchist."
People who bang on about what an economic basketcase #Venezuela is thanks to Chavizmo, might need to be reminded that as of 2009;
"Argentina and Brazil paid off their entire IMF debt; soon, with the help of Venezuela’s petrodollars, so had the rest of Latin America. (Between 2003 and 2007, Latin America’s total debt to the IMF declined by 98.4 percent. They basically owe nothing.)"