Chile Wealth, Inequality, and International rankings

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Space Cat
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Re: Chile Wealth, Inequality, and International rankings

Post by Space Cat » Tue Mar 19, 2019 4:27 pm

Looks like Santander's PR article for promoting their Work/Café but still:

Por qué el servicio al cliente de los bancos en Chile y Argentina es tan diferente (y qué revela de sus economías)
https://www.bbc.com/mundo/noticias-amer ... a-47617526

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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Mar 19, 2019 8:24 pm

hheeeee, that was worth a good giggle.

i hate Santander so much, i own the stock of Bci, just out of spite. unfortunately i have to do biz with Santander for a variety of reasons, or i would have moved to another bank a long time ago.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Mar 19, 2019 8:56 pm

interesting article on the conflict between Argentinan farmers and the government over selling this years crop and what to do with the dollars:

https://www.bloomberg.com/amp/news/arti ... aying-ball
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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Wed Mar 20, 2019 9:02 am

So Chile wants to bid for the world cup 2030 with Argentina and Uruguay I think. Ok I get that futbul is important to people and its about the only thing that really gets them excited, and a few people will make money off it , but when you consider the financial state Argentina is in and the relative small size if Chile its in my opinion a bs idea.
It's just populist bribing, let other countries pick up the tab and Chileans can max out their credit cards and go there.
With the current spending shortfall in so many areas where Chile should be spending and infrastructure deficits it's just an ego trip to be suggesting Chile should co host a world cup.
They are going to need 4 new stadia, so we are talking north of a billion dollars, not to mention all that labour being diverted to build stadiums for a 4 week party when it could be used for much more productive infrastructure.
The world is full of cities who regretted their big sports hosting days with white elephant stadia in many countries and some if them still paying off debts decades later.
There is even a proposal that the Olympics be held in the same place every 4 years, and countries share costs, I think LA was mentioned.
Whatever way its spun Chile is not a big rich country , it's not 1962, nowadays the costs are enormous, there are many studies that show hosting big sporting events like the Olympics or world cup do NOT produce net economic benefits , the opposite, they usually loose money, let rich countries with north of 60 or 70 million people play that game.
I know that won't be a popular view in Chile where patriotic fever and Piñeras ego will want to see this bid succeed and to be honest if they want to go for it , fine, but just dont complain when new hospitals, bridges, schools, roads, etc etc get kicked down the road for a decade or so because they need money for a big party in 11 years time.
https://www.emol.com/noticias/Deportes/ ... -2030.html
I suppose though those cities and neighborhoods where it gets held will be thankful as they will have every thing fixed and repaired a lot sooner than may have been the case, on a lot smaller scale I'm glad Apec is coming to Puerto Varas as the government is stepping in to fix the sidewalks and streets in about 8 blocks of central varas between now and August. The municipal has never been able to do it or negotiate with central govt to get it done, now they want to make a good impression so they are rushing around now coming into winter to try and sort it out. But a world cup ? Pleeeease no
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Wed Mar 20, 2019 10:48 am

yea, where the World cup and Olympics go, national financial trouble typically follows.

It would be one thing if they can split up the play-offs in to more bite-size chunks between countries. There really is no good reason to have all the games in one country, at one time; especially the low-end preliminary stuff.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Wed Mar 20, 2019 11:49 am

Here is an interesting article on Global rankings, of education / mobility and income inequality levels. Chile and the United States are neck and neck in the ranking.

https://www.bloomberg.com/news/articles ... inequality

There are some interesting points in the article.

One that does not seem to get sufficient attention in these types of articles, is simply the idea instilled in kids that they are going to the University. In my family, it was never even questioned that I might not go to the University. Out of 5 kids in my family, I have one brother that did not go to the University (he did earn a technical degree eventually), but among the other 4 kids it was treated as a given (along with we would all figure out how to pay for it ourselves). My oldest sister was already studying at the University when I was born. She use to drag me around the campus with her to meet her friends, go to the book store, have lunch, and even took me to class with her. Just hanging around the University at 4 or 5 years old (people thought she was my mother), essentially eliminated any doubt I was going to the University.

My wife and I, at every opportunity, talk to her nephew and niece in terms of "when you go to the University", not "if you go...".

It is that culture of education, that seems to get missed.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Wed Mar 20, 2019 11:57 am

The mention Chile in particular:
College admission is only part of the mobility story in the U.S. and around the world. Elite college graduates dominate Chile’s top corporate jobs, for example, but women and poor men who attend top schools aren’t among those with better access to the most elevated roles. The country’s preferential network goes beyond alma mater, suggests economist Seth Zimmerman at University of Chicago Booth School of Business, to favor men who went to pricey private schools.
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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Wed Mar 20, 2019 12:07 pm

admin wrote:
Wed Mar 20, 2019 11:49 am
Here is an interesting article on Global rankings, of education / mobility and income inequality levels. Chile and the United States are neck and neck in the ranking.

https://www.bloomberg.com/news/articles ... inequality

There are some interesting points in the article.

One that does not seem to get sufficient attention in these types of articles, is simply the idea instilled in kids that they are going to the University. In my family, it was never even questioned that I might not go to the University. Out of 5 kids in my family, I have one brother that did not go to the University (he did earn a technical degree eventually), but among the other 4 kids it was treated as a given (along with we would all figure out how to pay for it ourselves). My oldest sister was already studying at the University when I was born. She use to drag me around the campus with her to meet her friends, go to the book store, have lunch, and even took me to class with her. Just hanging around the University at 4 or 5 years old (people thought she was my mother), essentially eliminated any doubt I was going to the University.

My wife and I, at every opportunity, talk to her nephew and niece in terms of "when you go to the University", not "if you go...".

It is that culture of education, that seems to get missed.
While I agree a university education is important I actually dont think it is for everyone and while I understand the importance so many Chileans place on it, it's like they say in Asia, its one thing no one can ever cinfiscate or take off you like assets or freedoms as you will always have that education. But in saying that I do feel it comes at the expense of technical and practical training in Chile although this seems to be changing and has changed a lot in recent years.
Many parents it seems want their kid to go to university even if it's a crappy private institution that has dubious qualifications and is a waste of money, rather than getting a technical Carrera as maybe more suited to their kid, although as I say this has changed a lot since the 1990/2000s and is getting better all the time.
So many people ingrain into their kids that they need to be a lawyer, or journalist or something to do with business when they would probably be better as an air conditioning specialist or refrigeration technician , god knows the country badly needs specialists in many technical areas not more grads with commerce studie or lawyersetc etc.
To his credit Piñera has been addressing that, but old attitudes die hard.
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Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Wed Mar 20, 2019 1:40 pm

I think the US education scandal highlights the fact that there's a lot of dirt that can be dug up and used against the 'elites' in order to make them 'toe the party line' or at least not to sabotage Trump's re-election. We all know this would have never come out under the Clintons :)

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Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Fri Mar 22, 2019 9:52 am

According to Gallop, Chile has the lowest approval rating of the US leadership in the Americas.
https://imgur.com/a/ZpBwlrG

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Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Fri Mar 22, 2019 10:40 am

Chilean teens consume more tobacco, cocaine and marijuana than their peers in any other country in the Americas. https://www.cooperativa.cl/noticias/pai ... 63934.html

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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Fri Mar 22, 2019 11:41 am

at46 wrote:
Fri Mar 22, 2019 10:40 am
Chilean teens consume more tobacco, cocaine and marijuana than their peers in any other country in the Americas. https://www.cooperativa.cl/noticias/pai ... 63934.html
Any theories on why ? Chile also leads on
Cigarettes too I see in the general population in the Americas. It is still very socially acceptable here more so than in places like Brazil where they seem to have more restrictions I've noticed, not sure just guessing, but they are very cheap here relative to incomes too . I think out of all the smokers I've met here I've only ever met one person that didn't smoke cigarettes in front of their kids because he didn't want to be a bad role model for them, he eventually quit, others blatantly puff puff around their kids like it's the most normal thing in the world, thinking it's still the 1960s or 70s it seems.
Reducing smoking rates is done through a combination of innitiatives and has been done all around the world to varying degrees of success but the trend has been downwards there are plenty of examples to follow, Chile lacks the will to do anything about it and public policies don't see it as a priority.
As for marijuana and coke, well I am not really surprised there either.
“Facts do not cease to exist because they are ignored.”

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