Chile Wealth, Inequality, and International rankings

Chile Investment, how to invest in Chile, what to watch out for when investing, economic issues, currency exchange in Chile, and more.
User avatar
eeuunikkeiexpat
Rank: Chile Forum Citizen
Posts: 7268
Joined: Fri Sep 01, 2006 1:38 am
Location: Megalith of unknown origin near my digs, south V Region coast

Re: Chile Wealth, Inequality, and International rankings

Post by eeuunikkeiexpat » Tue Oct 23, 2018 11:21 am

Re: homelessness in the great would be nation of California and other urban parts of the USSA vs. Chile:

USSA - shit on the street is probably human, enjoy
Shiiile - 9 times + out of 10, dog shit, take your pick.
Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

BUT when necessary, by way of ridicule and truth revelation we shalt do war.

--eeuunikkeiexpat

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 23, 2018 11:44 am

A little closer to home. Perhaps people have seen the big controversy of this homeless camp in MN, USA that made international news.

http://www.startribune.com/minneapolis- ... 494422641/

I lived in that neighbourhood for years, until my family moved to a smaller town. I don't recall a whole lot of homeless there in the late 70's / early 80's; or, through-out the 80's for that matter.

Then also, perhaps we can blame it on Global warming. In the 80's, sleeping on the street in MN, meant sleeping in sub-zero temps (like regular -20 to -30F). The homeless tended to move to warmer climates with the snow birds.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 23, 2018 1:02 pm

Yea, that is one challenge for Chile I don't think is going away. As you move north, closer to Peru and Bolivia boarders, your going to have progressively more poverty. No matter what Chile does, it may never go away. In fact, the more Chile does to fight it (free housing, education, etc, etc), the more attractive being poor in Chile is vs. being poor in a neighbouring country.

Thus, why helping fix the neighbours will be the only way to stem the flow of more poor coming to Chile.

In the north, you also have the boom / bust cycle of the mining industry, plus all the social problems related to a mostly male dominated industry, that pays really well, and how that sort of comes with massive social problems (drugs, crime, prostitution, etc).

Essentially, income distribution issues will never be just a Chilean problem. They are a regional problem that needs solving.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

at46
Rank: Chile Forum Citizen
Posts: 565
Joined: Fri Sep 20, 2013 6:13 pm
Location: Vancouver/Santiago

Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Tue Oct 23, 2018 1:04 pm

admin wrote:
Tue Oct 23, 2018 9:12 am
O.k., so still looking at the bullshit stats, the United States has got to be the most bullshit of the bullshit international stats. The only reason I can come up with for their consistent high ranking, is they provide funding to a lot of these international organization that compile the stats. It has to be some sort of product placement, or at least not biting the hand that feeds you.
Canadian stats are pretty bad also, if not actually worse. There's a whole system in place for bumping up retail sales, for example, and fudging medical outcomes, and immigration stats. Heck, they even fudge the hours of sunshine/rainfall in Vancouver. They take measurements at the Vancouver airport, which juts out into the sea, giving them 2000 hours of sunshine and 1200 mm of rainfall per year. But if you measure inland, where most people live, it's more like 1600 hours of sunshine and 2000 mm of rainfall. They then highly publicize the good numbers to attract even more immigrants, making the little lies 'worthwhile'. It's really sick.

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 23, 2018 1:13 pm

There is probably some formula or chart to be had there.

Like, for every 1% of population raised above the poverty level in Chile, another 1% will flow in to Chile. Kind of like digging a hole on a sandy beach. You will never quiet get there, as long as the rest of south America is a mess.

Unfortunately, I think in part due to the legacy of the United States intervention in Latin America, it has sort of made latin American countries literally gun-shy about criticising or even cooperating with any other country in Latin America, let alone outright interfering in any other countries internal matters. Thus, regional bodies and alliances seem to be rather flaky, ineffective, and mostly toothless. How many years did it take for the OAS, to even get around to saying, 'bad, bad Venezuela, don't kill your people'?
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
nwdiver
Rank: Chile Forum Citizen
Posts: 2917
Joined: Tue Mar 17, 2009 8:45 pm
Location: Vancouver, BC and Chile where ever it's Summer
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by nwdiver » Tue Oct 23, 2018 2:54 pm

at46 wrote:
Tue Oct 23, 2018 1:04 pm
admin wrote:
Tue Oct 23, 2018 9:12 am
O.k., so still looking at the bullshit stats, the United States has got to be the most bullshit of the bullshit international stats. The only reason I can come up with for their consistent high ranking, is they provide funding to a lot of these international organization that compile the stats. It has to be some sort of product placement, or at least not biting the hand that feeds you.
Canadian stats are pretty bad also, if not actually worse. There's a whole system in place for bumping up retail sales, for example, and fudging medical outcomes, and immigration stats. Heck, they even fudge the hours of sunshine/rainfall in Vancouver. They take measurements at the Vancouver airport, which juts out into the sea, giving them 2000 hours of sunshine and 1200 mm of rainfall per year. But if you measure inland, where most people live, it's more like 1600 hours of sunshine and 2000 mm of rainfall. They then highly publicize the good numbers to attract even more immigrants, making the little lies 'worthwhile'. It's really sick.
The official weather station for most cities all over the world is at thier airport, no juggling of numbers, but don't live on the North Shore, it's just wrong over there.......
It's all about the wine.

41southchile
Rank: Chile Forum Citizen
Posts: 332
Joined: Mon Jun 12, 2017 2:39 pm
Location: Lakes Region

Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Tue Oct 23, 2018 3:08 pm

Worldwide pension rankings out yesterday, Chile comes in at number 8, ahead of countries like NZ, Canada, Uk etc, there is a bit of controversary about that here in Chile, maybe through a misunderstanding about how compound interst works and ammounts put in over ones working life work, and also what they were actually measuring.
Yes there are improvements needed in the current system, but it is a lot better system than many other countries and is not going to force all the extra costs onto the state in the future, as other countries are realising with their state pensions, in fact some countries are looking at copying, (and improving) Chiles model as their models are becoming too much of a burden , e.g Spain etc etc.

It Will be interesting how the No mas AFP movement will go, it seems to have run out of steam and died a natural death, they have another rally this week I think, last time in Puerto Montt they were lucky to get a few dozens show up.
More education is needed too, my suegra moans is on a miserable pension (but she has other investments, like property, but she would have been probably only contributed 20 years over her life, where she worked in the formal economy and then probably not very much went to her savings.

http://www.pionline.com/article/2018102 ... g-benefits
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.

at46
Rank: Chile Forum Citizen
Posts: 565
Joined: Fri Sep 20, 2013 6:13 pm
Location: Vancouver/Santiago

Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Tue Oct 23, 2018 5:22 pm

nwdiver wrote:
Tue Oct 23, 2018 2:54 pm
at46 wrote:
Tue Oct 23, 2018 1:04 pm
admin wrote:
Tue Oct 23, 2018 9:12 am
O.k., so still looking at the bullshit stats, the United States has got to be the most bullshit of the bullshit international stats. The only reason I can come up with for their consistent high ranking, is they provide funding to a lot of these international organization that compile the stats. It has to be some sort of product placement, or at least not biting the hand that feeds you.
Canadian stats are pretty bad also, if not actually worse. There's a whole system in place for bumping up retail sales, for example, and fudging medical outcomes, and immigration stats. Heck, they even fudge the hours of sunshine/rainfall in Vancouver. They take measurements at the Vancouver airport, which juts out into the sea, giving them 2000 hours of sunshine and 1200 mm of rainfall per year. But if you measure inland, where most people live, it's more like 1600 hours of sunshine and 2000 mm of rainfall. They then highly publicize the good numbers to attract even more immigrants, making the little lies 'worthwhile'. It's really sick.
The official weather station for most cities all over the world is at thier airport, no juggling of numbers, but don't live on the North Shore, it's just wrong over there.......
Coquitlam is no better. But my point is, for the sake of simple, straightforward human decency, they should publicize the actual sunshine/rainfall conditions people are going to be exposed to, rather than use the better numbers from the airport where nobody lives. With hundreds of thousands of immigrants and foreign students coming to Vancouver every year, it has a lot to loose should their numbers drop. But doing business based on lies is just wrong...

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 23, 2018 7:06 pm

well in fairness, most of the weather in chile os reported off the airports too. we get peurto mont to the south, and osorno to the north, and niether has weather like we have in frutillar.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 23, 2018 7:16 pm

41southchile wrote:
Tue Oct 23, 2018 3:08 pm
Worldwide pension rankings out yesterday, Chile comes in at number 8, ahead of countries like NZ, Canada, Uk etc, there is a bit of controversary about that here in Chile, maybe through a misunderstanding about how compound interst works and ammounts put in over ones working life work, and also what they were actually measuring.
Yes there are improvements needed in the current system, but it is a lot better system than many other countries and is not going to force all the extra costs onto the state in the future, as other countries are realising with their state pensions, in fact some countries are looking at copying, (and improving) Chiles model as their models are becoming too much of a burden , e.g Spain etc etc.

It Will be interesting how the No mas AFP movement will go, it seems to have run out of steam and died a natural death, they have another rally this week I think, last time in Puerto Montt they were lucky to get a few dozens show up.
More education is needed too, my suegra moans is on a miserable pension (but she has other investments, like property, but she would have been probably only contributed 20 years over her life, where she worked in the formal economy and then probably not very much went to her savings.

http://www.pionline.com/article/2018102 ... g-benefits
yea, there is a lot of bitching about it, from people that switched over to the new system some 20 years ago or when the old system was phased out.

i still think it under performs what it could, because it is using 30 year old strategies for retirment investing and the fees are way to high for basicly automated investing.

not to mention there are massive gaps in who must invest and how much. for example, self-employed can pretty much dodge making contributions all together. that, ironicaly, includes many of the highest paid professionals in the country that are often self-employed, even if they sit in an office from 9 to 5. they are responcible for making their own contributions.
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Wed Oct 24, 2018 7:25 am

well, 6 in 10 americans are reporting they have not benfited from trumps economy:

https://www.bloomberg.com/news/articles ... nd=premium
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

User avatar
admin
Site Admin
Posts: 16705
Joined: Sat Aug 26, 2006 11:02 pm
Location: Frutillar, Chile
Contact:

Re: Chile Wealth, Inequality, and International rankings

Post by admin » Wed Oct 24, 2018 10:15 am

perhaps that annual wealth increase number is not that far off.

Wages rise 6.4% over the last 12 months. It was even higher for independent workers.

https://www.latercera.com/pulso/noticia ... 64/373033/
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
For more information visit: https://www.spencerglobal.com

From USA and outside Chile dial 1-917-727-5985 (U.S.), in Chile dial 65 2 42 1024 or by cell 747 97974.

Post Reply