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St_Andrew
I <3 NYC

Registered: May 2003
Location: Stockholm, Sweden
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| quote: | Originally posted by NeoPhono
If that's "better off," I'd hate to see what "worse" looks like. |
For example, a good economic policy would be to spend his oil money on more long term projects, like infrastructure, an oil profit fund (to avoid "dutch disease" and still have good economic possibilites when the oil runs out), etc. But he spent his money on building free medical centers for poor people, food and housing subsidaires etc. Or to make more reasonble policies, fighting inflation instead of price control, letting private buisnesses invest instead of taking all the money for short term spending etc.
So surely someone is better off under Chavez right now if you are poor, compared to someone with more reasonble economic policies, but in 10 years time you sure wouldn't be.
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Oct-04-2006 19:57
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KaNoS
Senior tranceaddict
Registered: Feb 2001
Location: México
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| quote: | Originally posted by Fir3start3r
He's too busy flying around trying to tell the West how evil we are.
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Latin America IS part of the WEST. Albeit an extreme version as a frenchman said, but still part of the west.
Still, I do agree he is the typical "caudillo," a dictator-like larva.
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Oct-09-2006 02:12
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Q5echo
asymetrical scepticism

Registered: Feb 2004
Location: Dallas
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Oct-09-2006 02:27
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CHRles
Supreme tranceaddict
Registered: Feb 2006
Location: Nashville
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| quote: | Originally posted by KaNoS
Latin America IS part of the WEST. Albeit an extreme version as a frenchman said, but still part of the west.
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Not really. Chile is very Western. Uruguay, Argentina, and southern Brazil are fairly western as well. The problem is that the rest of Latin America is much poorer then western Europe, the US, Canada, Australia, and Japan. In fact, most of the countries of eastern Europe have a higher GDP then Latin America, and even Chile's GDP doesn't compare with the Czech Republic or Slovenia.
In Brazil's biggest cities the problem is the lack of a large Middle Class base. You've oftentimes got two thirds poor, and a third that are rich/wealthy. From what I've read the poorest parts of Brazil are in the north, while the 3 most southern states are the most prosperous with a good Middle and upper class base.
Colombia? Peru? Bolivia? Panama? Venezuela? Take your pick - unstable governments, mass poverty, and in many countries there it's even hard to find dairy products. Things might not be nearly as bad as parts of Africa (where in some countries 30 percent of the population has Aids) or Bangledesh, but they're not as good as in the West.
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Oct-09-2006 03:15
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