Crisis in
Latin America became a source of disagreement between Reagan and Congress.
To add, <span>The </span>Latin American<span> debt </span>crisis<span> was a financial </span>crisis<span> that originated in the early 1980s (and for some
countries starting in the 1970s), often known as the "lost decade",
when </span>Latin American<span> countries
reached a point where their foreign debt exceeded their earning power and they
were not able to repay it.</span>
Any war effects the economy. War means you have to pay for weapons, ammo, etc. Not to mention the cost of training all the soldiers and producing tools of war (Such as cannons). This war effected the economy very badly.
Autocratic authority was wielded by Islamic emperors.