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Originally Posted by BitchiBee
uh when the Chicago boys came in Chile had 500% inflation, it was as bad as current day Venezuela. this is like saying the doctor comes in for surgery and the patient is still sick doctor must be bad.
we can argue whether or not the chicago boys were too extreme, but to see chile as anything other than a triumph of Austrian Economics is being fallacious. They still have the most liberal market and economic system in the entirety of SA.
the government turned left and things started improving what a joke, you gonna blame every problem in SA on drugs or acknowledge that its one of the most socialist places on earth and that has something to do with it problems?
Scandi is more socialist than Latin America on the whole.
Chile had real growth from 1950 until Milton Friedman and the Milton Friedman free Latin America continued on with growth.
Yeah, I pretty much blame all the problems in SA on imperialism of some sort, whether it's the legacy, the western supported governments, the "free trade" deals which are free extraction for the US and protection of US business interests, the right wing governments supported by the US, the Reagan wars which killed a couple hundred thousand people, and the drug war. It's not drugs that are the problem. It's the drug war.
Pretty much covers it.
Hillary gets some blame too. And Bill.