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And so we turn back to morality...
Quote:
Originally posted by Not Bob
Riots that we paid for and orchestrated, and an economic mess that we helped create at the behest of ITT, Pepsi, and Anaconda.
Oh, and I am willing to be corrected -- but when exactly did Chile's economy become a marvel? If memory serves, it became robust in the 1990s, after the military stepped down and returned control to the civilians.
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The NPR piece I linked to talked about these Chilean economists that went to the University of Chicago in the 50s and 60s under a US government program to spread the free market concept in Latin America.
They were Ivory Tower types until the coup. They were put in charge of the economy when Pinochet came into power in 1974. The article said that there was initial recovery until the debt crisis in the early 80s, and Chile was hit the hardest of all the Latin American countries. It seems that the current recovery started in the early 1990s.
The arcticle points out that the current government is socialist.
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Last edited by Replaced_Texan; 06-02-2005 at 06:11 PM..
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