I considered this for a while, being from Uruguay (a member of that great category of countries) and for me, it generally means geopolitically and even economic

I considered this for a while, being from Uruguay (a member of that great category of countries) and for me, it generally means geopolitically and even economically weightless countries. It might be pessimistic but it -feels- like whatever happens here, be it coups, economics experiments, great innovations and the like - does not impact or even reach the rest of the world. One (mildly) rich Californian has more potential impact on the world than all of Latin America could ever have in the best of days.