The Pinera administration 2.0

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41southchile
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Re: The Pinera administration 2.0

Post by 41southchile » Wed Jun 06, 2018 11:07 am

Yeah lets hope these growth figures are not just a flash in the pan and everyone is just doing what they were going to do anyway over the last coupe of years but had held off due to the political instability, or at least economic activity carries on well for the rest of the term.
I listened to some of Piñeras speech the other day, I liked some of the things that he said about technology (automation, AI etc) and Chile has a chance to embrace it and become a part of the future, or be one of those countries that let it wash over them and be one of the loser countries in the decades ahead, there was a couple of other good points he made but it was nothing spectacular or inspirational really, good but not great.
Which kind of sums him up and thats pretty much how he got elected as the lesser of the two evils, no one wanted to go down the road Guiller was going to take Chile thats for sure, be it real or imagined threats, Piñera is only there because for that reason.
But the thing that really brought it back to reality is the opinions of the same old hacked out communists and socialists that were interviewed after his speech about their thoughts, (Ill let you guess what sort of things they said) what an uphill battle he has to try and modernise public institutions, as well as many other sectors of the economy to make them more efficient and make Chile an easier place to invest in and do business in.
Say what you like about the faults of Chile over the last quater century, social inclusion, the wealth gap, inequality, etc etc but the fact is Chile does best and makes the fastest progress in eliminating poverty and raising living standards when money flows INTO the country for investments, enabling the country to pay for social programmes and the like . It doesnt work borrowing billions to pay for cushy jobs for your comrades, and ideoligical pet projects, someone has to pay the bill in the end.
Yeah,it hasnt been all amazing, yeah some people that were already rich are even richer, but just look at the numbers, any numbers, and see how the situation in Chile has improved over the last 25 years.
Has it been perfect ? No, and many countries around the world have struggled with the same issues, but show me a better system that would have put Chile in the place it is now.
In the Lakes Region Chile for 6 years. It looks like New Zealand in some ways, and is nearly at the bottom of the world too, but there the similarities end.

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Space Cat
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Re: The Pinera administration 2.0

Post by Space Cat » Wed Jun 06, 2018 3:39 pm

I'm still amused how he was presented by the left during the election year ("literally Trump, going to undo all the social reforms") and how centrist he turned out to be.
41southchile wrote:
Wed Jun 06, 2018 11:07 am
Yeah,it hasnt been all amazing, yeah some people that were already rich are even richer, but just look at the numbers, any numbers, and see how the situation in Chile has improved over the last 25 years.
Has it been perfect ? No, and many countries around the world have struggled with the same issues, but show me a better system that would have put Chile in the place it is now.
I always feel like people underappreciate how good they have it here. Chile is not perfect but it doesn't waste its opportunities like dozens of other developing countries do (including all the train-wreck neighbors).

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admin
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Re: The Pinera administration 2.0

Post by admin » Thu Jun 07, 2018 10:19 am

Uhhh, the sqm scandal just exploded with a smoking gun.

Bertran, the former head of corfo, aproved the languague that allowed ponce to return to sqm as a consultant. He is running around the media lieing, and there are emails documenting the lie. Both the attorney for corfo and the attorney for ponce, confirmed it was explicitly approved by bertran in the final draft.

http://www.latercera.com/pulso/noticia/ ... ra/195714/
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Re: The Pinera administration 2.0

Post by admin » Thu Jun 07, 2018 10:26 am

And the slimeball is playing victim that he was under political pressure to do it:

http://www.adnradio.cl/amp/nota.aspx?id=3758649

All we are missing is the canceled check from ponce to bertrane, and that might not be joke considering the super strange way bertran suddendly did a complete 180 and handed over more lithium rights to sqm at the last moment of the bachelet administration.
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41southchile
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Re: The Pinera administration 2.0

Post by 41southchile » Thu Jun 07, 2018 10:35 am

A lot of strange/questionable things happened over the last few days and weeks of the Bachelet administration, that are starting to come to light. Whatever little credibility she had has gone completely as more and more things keep coming out.
In the Lakes Region Chile for 6 years. It looks like New Zealand in some ways, and is nearly at the bottom of the world too, but there the similarities end.

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fraggle092
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Re: The Pinera administration 2.0

Post by fraggle092 » Thu Jun 07, 2018 9:10 pm

41southchile wrote:
Thu Jun 07, 2018 10:35 am
A lot of strange/questionable things happened over the last few days and weeks of the Bachelet administration, that are starting to come to light. Whatever little credibility she had has gone completely as more and more things keep coming out.
She was a bad president. Corrupt, devious and incompetent. Now she seems to be trying to form a sort of shadow cabinet to "preserve her legacy" Good.
That will cramp the style of the leftist parties who would rather see her disappear UN-wards to make way for fresher faces.

But Chileans have short memories, so who knows what will happen in a couple of years time.
Après moi, le déluge

Julito
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Re: The Pinera administration 2.0

Post by Julito » Thu Jun 07, 2018 10:16 pm

Every electorate everywhere on the planet have short memories...

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Space Cat
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Re: The Pinera administration 2.0

Post by Space Cat » Fri Jun 29, 2018 4:07 pm

The market is down after all the growth after the elections.

Bolsa de Santiago alista cerrar su peor primer semestre en cinco años
http://www.adnradio.cl/noticias/economi ... 68255.aspx

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Re: The Pinera administration 2.0

Post by admin » Fri Jun 29, 2018 8:10 pm

Yea but not down like the vecinos, let alone all the other EM. mostly just tracking the chump trade in the states. Think we are off like 5% mas menos for the year.

Argentina wishes they could drop just 5% a day, let alone the first half of the year. China is down like 30% and so is brazil. Wegot mexican election this weekend that might set the tone for the rest of latin america.

Again most that has do with chump and the fed.

Still i cashed a few chips just to have some liquidity on hand in case there was real deals to be had.

Considering how much everything climbed last year, not too worried yet about this pullback.
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Space Cat
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Re: The Pinera administration 2.0

Post by Space Cat » Thu Jul 05, 2018 8:09 pm

Hopefully, less nephews in the public sector:

Piñera presenta proyecto de probidad y anuncia filtro para familiares de autoridades
https://www.biobiochile.cl/noticias/nac ... ades.shtml
Cuando está relacionada con un pariente, de tercer grado consanguíneo o segundo de afinidad, deberá pasar por un filtro de idoneidad, que garantice que sea por su capacidad.
But wait, there's more:

Piñera eleva a un año inhabilidad para pasar del servicio público al privado
https://www.df.cl/noticias/economia-y-p ... 30522.html
...proponer que ex ministros de Estado, ex subsecretarios y ex jefes de servicios no puedan realizar lobby o gestión de intereses durante doce meses ante la misma institución en que se desempeñaron. Si alguien se desempeñó en un ámbito, evidentemente tiene contactos y amigos y se le da una ventaja.

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fraggle092
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Re: The Pinera administration 2.0

Post by fraggle092 » Fri Jul 06, 2018 12:03 pm

Space Cat wrote:
Thu Jul 05, 2018 8:09 pm
Hopefully, less nephews in the public sector:
Anyone who thinks of Chilean history in terms of continual upward progress may like to remember that it was president "sobresueldos" Ricardo Lagos who relaxed the the restrictions on governmental employment of family members that had been in force until then.
One example of his "legacy" is his talentless son, Ricardo Lagos Weber, who has spent his whole life living off the state in one form or another, and is currently senator for Valparaiso.

Another unrelated example of reversion to older rules: This government is reducing the urban speed limit from 60 to 50 Km/h, on OECD recommendation, a positive move imho. But this only reverts to the law pre-2002, when the government raised the urban speed limit.

Two steps back, two steps forward.
Après moi, le déluge

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Space Cat
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Re: The Pinera administration 2.0

Post by Space Cat » Fri Jul 06, 2018 12:20 pm

fraggle092 wrote:
Fri Jul 06, 2018 12:03 pm
Anyone who thinks of Chilean history in terms of continual upward progress
The stats like wealth and life expectancy confirm that it is continual upward progress in the last 30 years. Little bumps here and there don't matter too much.

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