I agree with your comments 100%.

Correa turns out to be all talk and no action. The only thing his government good at is dragging the citizens out to vote on whatever he wants. To his credit he usually gets the people to give him what he wanted. That I have to admit he has talent.

However, when it come to solving economic problems, they would not know how to find it even if they trip over a solution.

Just suppose his bluff to suspend payment of the foreing loan interest fails. He would spend a lot time eating his words and look like the idiot he is before his own people. You renege on those loans and see if you can borrow a dime again! Good luck.