MercoPress. South Atlantic News Agency
‘Copper insulated’ Chilean economy outperforming and Peso becoming too strong
The Chilean central bank raised its forecast for economic growth this year to between 4.75% and 5.25% (from 4% to 5%), adding that it expects GDP to expand 4% to 5% in 2013. Read full article
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Sep 06th, 2012 - 04:28 am - Link - Report abuse 0?????????????????
Sep 06th, 2012 - 11:35 am - Link - Report abuse 0Allende destroyed the Chilean economy. De nationalizing the copper industry and actively seeking foreign investment is what has worked. Comrade you have your facts completely wrong.
The problem with Allende was that he was an idealist with no real grasp of the consequences of his actions. Obviously, outside influences exacerbated the situation but the economy it would have reached the same conclusion.
Sep 06th, 2012 - 01:41 pm - Link - Report abuse 0And the economy struggled under Pinochet for years. It was a bitter pill Chileans had to swallow for the long-term prosperity of their country. But I think most would say it was worth it now.
TCP – on the money as always. Mr Think clearly doesn’t remember we had 1000% inflation after 1 year of Allende. He also fails to understand that Codelco produces less than half of our copper. As with Allende he only likes half the story.
Sep 06th, 2012 - 03:12 pm - Link - Report abuse 0Think
You have been censored! Well you can’t complain, your hero Allende didn’t like freedom of speech either.
Let me remind you of something he said:
“La obligación del periodista revolucionario no es servir a la verdad, sino a la revolución”.
That’s right, no freedom of the press if the press disagrees with you. Lovely man he was.
Back to copper:
Between 1970 and 1973 copper production fell (bad). Since 1974 copper production has relentlessly increased (good).
In 1973 our known copper reserves were 50 million, they are now 350 million. How do you think that happened?
Elaine
Allende was an idealist in the same way Hitler was.
He wrote:
“Los hebreos se caracterizan por determinadas formas de delito: estafa, falsedad, calumnia y, sobre todo, la usura”.
(The Hebrews are characterized by certain types of crime: fraud, falsehood, slander and above all usury)
He also had no respect for the law or private property, he declared:
“La revolución se mantendrá dentro del derecho mientras el derecho no pretenda frenar la revolución”.
(The revolution will remain within the law while the law does not intend to stop the revolution)....he also proposed locking up the mentally ill and steralizing gypsies...luckily he only had the job for 2 years so the only “ideals” he could achieve were wrecking the economy, shutting down the press and stealing family businesses. He did manage to implement some nice ideals like dishing out food to PS members, always a vote winner.
If “idealist” is to be taken positively, the ideas should be positive, his were not. He was an anti-democratict, anti-semitic despot who shot himself when his nightmare world collapsed around him...sound familiar doesn't it.
I hope Pinochet torments him down there in hell.
@5 I don't happen to think idealists are good for any powerful position. They are entitled to theorise and challenge but without to capability of doing anything until their ideas can be set in reality.
Sep 06th, 2012 - 05:26 pm - Link - Report abuse 0I didn't read about his anti-Semitic ideas or other abhorrent ideas but leaving that aside, his ideas of taking profitable farms and businesses (from their legitimate owners) and turning them into loss-making communes, is reason enough to render his style of government as hopeless.
It reminds me of the Cultural Revolution in China where peasants were put in all the positions of power - with no clue what to do - and anyone educated or able was put to work in the fields. Utterly stupid.
Ahhhh...
Sep 06th, 2012 - 05:50 pm - Link - Report abuse 0All the fear, hatred and angst his name still provokes on the gluttonous, the egotistical, the greedy, the covetous, the mediocre………………..
Compañero Salvador Allende…………. Presente.
“All the fear, hatred and angst his name still provokes on the gluttonous, the egotistical, the greedy, the covetous, the mediocre………………..”
Sep 06th, 2012 - 07:37 pm - Link - Report abuse 0Think, I didn’t know you felt that way about him.
I clearly don’t feel the same as you about him, I don’t fear him or have any angst. I dislike him yes, but I do value the good he did. By wrecking the country he ensured his like and his type would never return to the fore in Chile.
Pinochet and Allende were two sides of the same coin. Pinochet existed because of Allende, like Allende existed because of the Oligarchic...and all the way back to 1492.
Why can’t you get out of your trench and say:
Allende........Ausente
Pinochet.....Ausente
Galtieri.......Ausente
And be happy that the recklessness and hatred of that era is gone. In 1973 we hit bottom and since then we have done much to advance, grow and move on from what happened either side of 11 September 1973. If Allende were presente this would not be the case.
Allende........Ausente
Pinochet.....Ausente
Condorito...Happy
lol, it's not just copper boosting Chile's economy, it's also Argentina's abysmal performance that scare any investors (including argentine investors) away from Argentina and to other neighboring countries ;D
Sep 06th, 2012 - 09:35 pm - Link - Report abuse 0#3 “The problem with Allende was that he was an idealist”
Sep 08th, 2012 - 10:37 pm - Link - Report abuse 0Elaine your problem is the opposite...
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