MercoPress. South Atlantic News Agency
Bloomberg's pessimistic outlook of Chile's once shinning future
For decades, Chileans watched from afar as their South American neighbors grappled with galloping inflation, financial crashes, and extreme political swings, destabilizing forces that compelled the wealthy to send hundreds of billions of dollars to havens in Switzerland, the Cayman Islands, or the U.S. Read full article
Comments
Disclaimer & comment rules“.... compelled the wealthy to send hundreds of billions of dollars to havens in Switzerland” - what an insult to say that these rich vultures were 'compelled' to end their money to tax havens! The Latin American elite such as in Chile are voracious egotists who need to be removed once and for all.
Dec 18th, 2021 - 12:39 pm - Link - Report abuse -1Pytangua,
Dec 18th, 2021 - 04:10 pm - Link - Report abuse 0Right you are; no one compells anyone to move their money (usually illegally) to tax havens. You, however, insult wealthy people by implying they are all 'vultures'. Surely, there are economic carrion feeders among the rich, but it is incorrect to label an entire economic class with a pejorative. At the very least, a considerable portion of wealth is legitimately created and government's policies at expropriating this wealth can be interpreted as legalized theft.
Money goes where it is well received. Chile's future has dimmed over the past few years. So sad to see.
Dec 18th, 2021 - 05:08 pm - Link - Report abuse 0Chileans and their money are welcome in Florida, a truly Free State.
Exponentially taxing asset transfers between nations, international transfers of profits, and stock market earnings would improve our perception of the rich.
Dec 19th, 2021 - 01:38 pm - Link - Report abuse 0And if they no longer want to invest in our America, that's no problem. We'll find whoever wants to.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!