Kill your communists early

'Chile is regarded as having one of the best-run economies in Latin America.

Led by its substantial copper production - which was relatively unaffected by the quake - economists predict the country's economy will still grow by 5% this year.

The country also has one of the lowest government debt to economic output ratios in Latin America.

Chile's inflation rate is currently at 1.5% and its interest rate is 0.5%, where it has been since August of last year.'


http://news.bbc.co.uk/1/hi/business/8559127.stm

8.8 richter scale earthquake, and yet their economy is going to grow 5%...

What does this teach us children?

I would say, kill your communists early. If you look around at the dismal basket cases which litter Latin and South America, the poorest ones, the ones that haven't had a decent economy ever, or not since the sixties anyway, are all socialist or communist.

Look what the socialists managed to do to Venezuela and Argentina, two countries that virtually had first world levels of infrastructure and economy as recently as the seventies. Argentina used to be as rich as Italy. Now it ranks down there with the Balkans and unluckier eastern Europeans.

Chile was lucky enough that Salvador Allende was cut down before he could really start to destroy the country.

Where would you want to live in South America?