Chile Wealth, Inequality, and International rankings

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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Fri May 10, 2019 2:08 pm

yea, i think there is a bunch of explanations for that.

chile just in recent years has started investing heavily in education. to see results, takes time. decades, or even generations to even know anything is working.

in spite of a generally high literacy rates, we occasionally still come across older people in rural areas that can not read. rare, but they are out there.

the gap between public and private school is bigger than the grand cannon. I have serious doubts also that the hyper-expensive education reform bachelet implemented is doing much of anything, except driving up the cost of private education.

then you got the whole problem of basic skills in general vs. what the job market requires.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue May 14, 2019 3:27 pm

oooooowww, this scandal is going to stick, like frigen napalm.

They discovered someone at the national statics office manipulated the august and September 2018 inflation numbers, that feeds in to the IPC, that sets the UF, which pretty much sets everything else in the country. Pretty much anything of any value in the country, is indexed to that inflation number, either directly or indirectly.

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

https://www.reuters.com/article/us-chil ... SKCN1SJ2BF

What is not covered in that article, but in various details in Spanish articles, is that the new administration had just installed an internal auditor office. That, guess what? Started in August to September 2018. Now all the stats going back to 2016 are under review. Someone has been fired, but they won't say who. There is a criminal investigation under way. Politicians on both sides are pointing fingers, without trying to point too hard (in case it comes back around to them). There is a lot of run for cover, music just stopped grab a chair, going on.
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.

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41southchile
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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Tue May 14, 2019 10:32 pm

admin wrote:
Tue May 14, 2019 3:27 pm
oooooowww, this scandal is going to stick, like frigen napalm.

They discovered someone at the national statics office manipulated the august and September 2018 inflation numbers, that feeds in to the IPC, that sets the UF, which pretty much sets everything else in the country. Pretty much anything of any value in the country, is indexed to that inflation number, either directly or indirectly.

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

https://www.reuters.com/article/us-chil ... SKCN1SJ2BF

What is not covered in that article, but in various details in Spanish articles, is that the new administration had just installed an internal auditor office. That, guess what? Started in August to September 2018. Now all the stats going back to 2016 are under review. Someone has been fired, but they won't say who. There is a criminal investigation under way. Politicians on both sides are pointing fingers, without trying to point too hard (in case it comes back around to them). There is a lot of run for cover, music just stopped grab a chair, going on.
Didn't I say a while ago it was rigged? Not that long ago , when I called BS on their first quarter IPC results.
Of course its manipulated, in fact the whole God damn economy is manipulated in some way or another and in favour of the top .0001 percent of the population( think how much they have just saved/made ). I wonder who will be the scapegoat or the fall guy for this "mistake"?
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41southchile
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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Tue May 14, 2019 10:40 pm

Space Cat wrote:
Fri May 10, 2019 11:28 am
This grim chart is circulating on Reddit but fear not, according to the original OECD's report on the country's skills, "Younger adults in Chile are more proficient in literacy and numeracy than their older counterparts – by a larger margin than on average across OECD countries."


5bztAvM.jpg
At first glance I thought it was a chart for lack of common sense
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