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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: critical_mass who wrote (12871)	12/23/2006 4:31:13 AM
From: elmatador	Respond to of 218118

real interest rates in CHILE had fallen from around 8% in 1998 to zero in 2000 before rising again to their current level. CHILE had managed to cut interest rates by opening its market, achieving sustained growth and prudent fiscal policies. As a result, growth had risen from 3.4% to 4.5% and inflation had fallen from 4.6% to 2.8%. Message 23082868

To: critical_mass who wrote (12871)	12/23/2006 8:31:37 AM
From: elmatador	Respond to of 218118

rycerz to put LATAM in the proper context. The governing elites do not want to engage in NAFTA – a common market from Alaska to Tierra del Fuego- since that means getting rules agreed by all parties. This is no good for them. They prefer their own rules –created and perfected in the last 500 years- that kept them on control. The mass is to ignorant to see their own benefit and are co-opted to support the elites. Myopic view of US politicians don’t help either. They are afraid of “the sucking sound of jobs going south. So there you have it. Now compare that with the EU where they slowly and steadily buy market for their products and create critical mass.