Chile's Place in Latin America

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bert.douglas
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Re: Chile's Place in Latin America

Post by bert.douglas » Mon Nov 12, 2018 4:36 pm

at46 wrote:
Mon Nov 12, 2018 3:16 pm
...
I have a feeling VZ will always beat US shale in a high price environment, especially given its geographical proximity and the US infrastructure that's already in place and that's geared specifically to deal with VZ oil. Hence the need to take over VZ through either the assassination of its democratically elected president or military intervention for a successful encapsulation of the Americas.
Not going to happen. Nobody cares. The US has too many other problems around the world. Let Brazil and Colombia handle it.

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Re: Chile's Place in Latin America

Post by admin » Mon Nov 12, 2018 6:22 pm

so it seems chile is closing in on the country with the most trade agreements in the world, and no one seems to notice.

https://www.df.cl/noticias/economia-y-p ... 83240.html

more on the way, with brazil.

you know as i recently crossed in to argentina and back, i realized that entire boarder is a silly waist of money. chile -argentina, if the politicians got their heads out of their asses and hands out of tax coffers, should be full free trade zone. 90% of the traffic could be processed with a speed camera and a database.

realy, all south america should be a free trade zone with no boarder checks; ...but, .... I guess that is just some sick socialist / capitialist fantasy (is that more socialist or capatilist?). a whole lot of changes would have to happen to south american political institutions first.
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Re: Chile's Place in Latin America

Post by admin » Mon Nov 12, 2018 6:29 pm

wait a second.

are those cheaters in the EU double counting their trade agreements between eachother?

chile might have the most, if you subtract their agreements with eachother.
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Re: Chile's Place in Latin America

Post by Huelshoff » Mon Nov 12, 2018 8:51 pm

That's an artifact of the definition of a free trade agreement (often also called regional trade agreements0. The EU looks like a lot because of the way those treaties are written--its a basket of FTAs. These types of agreements have exploded over the past couple of decades, a real power curve. I interviewed a bunch of folks in the Ministerio de Relaciones Exterior several years ago and they were very proud of the number of FTAs that Chile had then--more than any other country. At the time it seemed to me that signing treaties was as much as obsession as a reflection of Chile's trade interests.

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Re: Chile's Place in Latin America

Post by admin » Tue Nov 13, 2018 7:51 am

yea, you also have the quality over quantity problem, and the signed but not implimented. chile for instance still has a treaty with the u.s. that is hing up in the u.s. congress on double taxation. do they count that dead duck?
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Re: Chile's Place in Latin America

Post by Huelshoff » Tue Nov 13, 2018 9:58 am

Not sure what you are referencing, but the Chile-US FTA has been in place for over a decade and a half, and working fine. That may be a separate agreement, or a revision.

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Re: Chile's Place in Latin America

Post by eeuunikkeiexpat » Tue Nov 13, 2018 11:03 am

The held up in Congress one, blame it on Rand Paul who like I is concerned by the information sharing mandates of the measure which is IMO an information sharing agreement posing as a double taxation treaty than the other way around. admin has said in the past that it violates Chile privacy laws.
Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

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Re: Chile's Place in Latin America

Post by admin » Tue Nov 13, 2018 8:56 pm

That thing has been stuck in the u.s. congress for so long, I forgot what it was about.

hey, I don't expect much of anything good out of the United States Congress, or the States for that matter, these days. Try coming up with 10 good things the U.S. government has done recently for the World. Hell, how about 10 good things the U.S. has done for the U.S. recently (no, inflating Trump's ego does not count).

It really should not be that hard.
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Re: Chile's Place in Latin America

Post by admin » Thu Nov 15, 2018 11:24 am

So, I am going through some articles on Argentina and Brazil's economies, and it never fails to amaze me how English (mostly American) journalist can turn, often by accident or ignorance, topics on their head. Especially when they try to do a U.S. - <INSERT COUNTRY> analogy.

Here is one case. The title says that latin america wants Trump style, bilateral trade agreements, not trade blocks.
https://www.bloomberg.com/news/articles ... tyle-trade

But it is about reforming the broken Mercosur. Mercosur, has almost nothing in common with anything even remotely U.S., other than you can broadly call it a trade agreement. In fact, the article is really about trying to eliminate tariffs.

There was another one this morning on Argentina, that called Peronism a "conservative" party / movement. How the hell, do you get one of the most well known, thoroughly socialist / communist premised, political movements as "conservative"?

Makes me want to try my hand at applying imperfect analogies to describe Latin american politics. It would be like saying that Bernie Sanders and friends are "conservative"; and, that is not even a good analogy. How about the other way around? It would be like saying that the Tea party, was a bunch of socialist. Neither of those even come close to capturing that absurdity in Argentina.
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Re: Chile's Place in Latin America

Post by admin » Thu Nov 15, 2018 11:47 am

Here is an interesting article, from Canada's perspective, regarding the Pacific Aliance vs Mercosur.

https://biv.com/article/2018/11/canadas ... plications

The sticking point for Canada to join the Pacific Alliance, seems to be regarding free movement of people and visa-free travel.

Back a few years ago, Bachelet's administration with some of the other Pacific Alliance members, were promoting the idea of single integrated regional passport. This situation with Canada, is exactly why that would be a very, very bad idea for Chile. The "free movement" of people thing, needs to be handled very very carefully to keep Chile from loosing ground with it's access. I really don't get the fixation that Bachelet and friends had on "free movement" of people, even at the expensive of the entire country and all their other political priorities. They were willing to promote illegal movement of people even, just to force countries to swallow free movement of people as some sort of official lesser of the evils. She is still doing it at the UN.

But, solve that problem, and I think adding Canada to the Pacific Alliance would give it a lot of weight.
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Re: Chile's Place in Latin America

Post by Space Cat » Fri Nov 16, 2018 12:53 pm

“Why Latin American governments spend money badly”

(Spoiler: the public sector salaries)
https://www.economist.com/the-americas/ ... oney-badly

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Re: Chile's Place in Latin America

Post by admin » Fri Nov 16, 2018 1:32 pm

Another meaningless fluff piece about Latin American economics, from a magazine called the "economist".

Really, I should cut them some slack. It was a better article, than the other dozen I read this morning.

I probably read 20+ articles a day on the "Emerging Market" economies. I think the thing that is increasingly getting under my skin, is the hasty generalizations (look country X spends badly, thus, all EM countries spend badly), along with various political red hearings and whatabouts (Chile spent $10 on a public school. Venezuela spent $10 on schools. Thus, Chavez and Castro are coming back from the grave and turn Chile in to Cuba). I have already complained at length at the use of magic statistics (e.g. Chile has $30 billion in debt, oh my God they are going to default at any second, and take the whole region with them), to justify some half-baked investment thesis or a company downgrade.

Seriously, look close for the pattern of logic used in the English Language articles about Latin America and Emerging Markets. They all use some form of freshman intro to logic 102 fallacy in their articles. I am going start keeping a proper running list of them just for my own entertainment.

But, it is this major alarmist, "Latin America is always in an immediate crisis" narrative that the English financial press loves to push that is really starting to bug me.

Guess what, Latin America, both the populations and economies overall, has never been in better shape in 400+ years ( with the exception of perhaps Venezuela). At least they are in better shape since I started traveling in Latin America when I was 12 years old back in the 80's.

I am convinced, 99.9% of the authors that write about latin america, could not find any of the countries on the map; and, even if they can, they would still use the same article template and fallacies.
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