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

Post by 41southchile » Fri Sep 13, 2019 6:57 am

Well looks like China may not be taking poultry if the join the list of countries here, then again maybe doesn't worry them

https://www.emol.com/noticias/Economia/ ... Chile.html

With suspected bird flu case , more countries suspending imports from Chile of said products.

Personally I've always thought it's more good luck and geographical features that have helped Chile maintain a relatively disease free status for its ag industry so far, rather than anything SAG or border authorities actually do (or actually good luck in spite of what SAG , do)
I can't decide for you. You'll have to make up your own mind.

at46
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Re: Chile Wealth, Inequality, and International rankings

Post by at46 » Fri Sep 13, 2019 2:55 pm

snobrd4life wrote:
Fri Sep 13, 2019 12:42 am
admin wrote:
Thu Sep 12, 2019 11:53 am
here is one of those fun budgets showing costs of living in the united states, that totally blows holes in the u.s. goverment definition of "middle" class and "poverty".

https://www.marketwatch.com/story/this- ... al-finance

but the more relevant point to this thread, is with a little bit of work, you could do a pretty quick comparison with chile by filling in the blanks of typical prices and quality of living/ equivalent products of services to get some real grasp on the purchasing parity, mas o menos, of what would qualify as "middle" class between the two countries.
That table is bullsh!t. $400 every month on new clothes at Old Navy? Budgeting for the cost of a new playpen for the baby every month? I can’t even begin to take the writer seriously if he thinks $350k/yr makes it hard to make ends meet.
Usual clickbate from MarketWatch.

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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 01, 2019 7:56 am

here is an interesting take on breaking down wealth in to a logarithmic scale, in part based on the global wealth index:

https://www.bloomberg.com/news/articles ... at-s-yours

A while back I seen some articles going around about how the cost of health care / insurance in the U.S. was rapidly approaching $20,000 a year on average, when you start breaking down for co-pay, deductibles, all the other ways they RIP-off the consumer.

a comment in the article pointed out there are three things grossly distorting the wealth vs. income in the u.s. numbers, compared to most other developed countries:

A) health care cost
B) education cost
C) pension / retirement

when you take the 65,000 and change, medium household income, subtract those three things, Americans, today, are not that rich. definitely not the way they were say 40 or 50 years ago.
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41southchile
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Re: Chile Wealth, Inequality, and International rankings

Post by 41southchile » Tue Oct 01, 2019 10:12 am

admin wrote:
Tue Oct 01, 2019 7:56 am
here is an interesting take on breaking down wealth in to a logarithmic scale, in part based on the global wealth index:

https://www.bloomberg.com/news/articles ... at-s-yours

A while back I seen some articles going around about how the cost of health care / insurance in the U.S. was rapidly approaching $20,000 a year on average, when you start breaking down for co-pay, deductibles, all the other ways they RIP-off the consumer.

a comment in the article pointed out there are three things grossly distorting the wealth vs. income in the u.s. numbers, compared to most other developed countries:

A) health care cost
B) education cost
C) pension / retirement

when you take the 65,000 and change, medium household income, subtract those three things, Americans, today, are not that rich. definitely not the way they were say 40 or 50 years ago.
Isn't that the same in any neoliberal market? As a proportion those things are high in Chile too. Probably D should be rental housing costs.
I can't decide for you. You'll have to make up your own mind.

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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Tue Oct 01, 2019 6:48 pm

amazing how these days you can stick "neo" in front of pretty much any word, and it basically negates its meaning. like saying "not liberal", or "not conservative" , "not nazi". It functions to make the word rather meaningless, too vague to be of use, or at least hard to attack via argument because the target is too broad. :lol:
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Fri Oct 04, 2019 9:19 am

so, some more about where the price of copper needs to go, to have a chance at the "carbon" targets:

https://amp.ft.com/content/b71d2cde-da1 ... 1f8d77a45b

$8,000 a ton to hit the 2030 targets.

$20,000 a ton to hit the "Greta" target, of zero emissions by 2025.

interesting point at the end. If humans dont hit those targets, and instead just try to adapt, that requires a whole lot more copper too. the example they use is Europeans buying air conditioners. :lol:
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Fri Oct 04, 2019 9:32 am

oh, for those that do not follow copper, we are under 6,000 a ton, 2.52 per pound i think.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Fri Oct 04, 2019 9:37 am

My biggest argument for copper is development. It is not an accident that human civilization is directly related to the amount of copper produced.

pull up a couple maps of the earth on google. population growth maps, and sat maps of the earth at night. that is who still needs copper (india, africa, etc); before even getting to the whole problem of needing rewire the entire developed world legacy grids for a green energy global economy.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Fri Oct 04, 2019 9:48 am

all while junior miners are being taken out of the game. when the price comes back, it will come back with a vengeance.

https://www.mining.com/copper-price-low ... al-miners/
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Mon Oct 07, 2019 9:47 am

well, I suppose if you are willing to do some longer term speculation, it seems that chile is making moves to join the real time FX system.

https://mobile.reuters.com/article/amp/idUSL5N26256D

I think it will make the peso more volatile, but also more liquid and probably a stronger currency relative to other currencies.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Mon Oct 07, 2019 12:24 pm

direct foreign investment hits highest in 5 years.

https://www.df.cl/noticias/economia-y-p ... 15251.html
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
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Re: Chile Wealth, Inequality, and International rankings

Post by admin » Mon Oct 07, 2019 3:20 pm

Thank Chump!!!

https://www.bloomberg.com/opinion/artic ... the-u-s?sr

I have this vision of obese Trumpets dropping dead of starvation in a Walmart parking lot by thousands, like a bad dawn of dead remake.

:lol:
Spencer Global Chile: Legal, relocation, and Investment assistance in Chile.
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