Is Chile consider fairly stable and safe?

[Elwar]

Chile is fairly stable except for the ground you stand on.

[Elwar]

Though I will seriously be considering buying a lot in the Gults Gulch. Depending on the bitcoin price over the next few years.

[bigtimespaghetti]

Still a resource based economy, not a knowledge based. Resource based economics will plummet in relative value in the Knowledge Age.

Then you will have to admit that most of the Latin American nations (Brazil, Argentina, Bolivia, Peru.etc) are resource based economies. Other sectors such as IT / Banking / Services will never get big there.

Knowledge based economies need huge investment in education and encouragement from the government. These nations don't bother much about it. 

Where would you say has invested in Knowledge? I would assume that it is less to do with government and more to do with *access* (at least in my experience), I have experience in education and the poorer parts of the UK lack access (at home) and get some education but usually lack the personal initiative to make use of the facilities as the level they are taught at is extremely low level.

To be clear I am referencing very basic levels of technological literacy as it concerns the (young) public.

Seems most teenagers get how to use social media, but lack fundamental understanding of computers.

[bryant.coleman]

Where would you say has invested in Knowledge? I would assume that it is less to do with government and more to do with *access* (at least in my experience)

But it is the duty of the government to make knowledge and education more accessible to the citizens, isn't it? Perhaps the UK government can improve the level of computer knowledge by sending in teachers from the posh localities to the schools and colleges in the poorer regions?

[bigtimespaghetti]

Where would you say has invested in Knowledge? I would assume that it is less to do with government and more to do with *access* (at least in my experience)

But it is the duty of the government to make knowledge and education more accessible to the citizens, isn't it? Perhaps the UK government can improve the level of computer knowledge by sending in teachers from the posh localities to the schools and colleges in the poorer regions?

I am from one of the "poorer regions" and only have the level of knowledge because I was lucky enough to have access when young (family in telecoms) coupled with reasonable intelligence, which at my age had absolutely nothing to do with state education despite my schools being reasonably equipped. This combined with encouragement from my family members is the part of the reason I was able to 'better myself' socially.

My point is that you can lead a horse to water. About 5% (generous estimation) of my students have the motivation, innate intelligence and family support making them more likely to be significantly above average. I would not class myself as much above average.

But I agree the duty (at least ostensibly) taken upon itself by the state is to increase levels of knowledge even if it does so haphazardly. There are some initiatives, like Raspberry Pi, but I believe this was from the private sector worrying about state education's lack of real computer education and Britain becoming even less competitive. I mention this as the state education is far behind even in the UK.

[AnonyMint]

Still a resource based economy, not a knowledge based. Resource based economics will plummet in relative value in the Knowledge Age.

Then you will have to admit that most of the Latin American nations (Brazil, Argentina, Bolivia, Peru.etc) are resource based economies. Other sectors such as IT / Banking / Services will never get big there.

Knowledge based economies need huge investment in education and encouragement from the government. These nations don't bother much about it.  

I've only visited Mexico, Guatemala (1993), Colombia (2001), and Philippines (1990 to present) thus far. I've been having ongoing discussions via email and phone with my Colombian friend whom I met there (we worked in the gym together, partied, etc), who is 15 year younger than me, who is an ESL tutor, and who had recently did a stink over in Argentina. From interacting with him, I think the main problem and what differentiates Latin America from Asia, is that Latin Americans believe in socialism in a very big way. They think the State should take care of them, that smoking pot & having free love and salsa dancing will make a wonderful world of harmony. Whereas, Asians think only hard work will result in success.

I think the issue is cultural, but I don't completely know the Spanish colonies Mañana culture other than the Philippines which I know very well:

http://liveinthephilippines.com/content/manana-what-does-it-mean/

Mañana culture means don't rush, don't stress, come what may, no deadlines, no desire to meet commitments. It means my personal problems take priority of my contract with you. Etc.

Note the Philippines is currently undergoing a transformation and losing some of its Mañana culture. But I bet you will see it come back to some extent when the economy turns down.


I don't know Chile well, but I've read that land issues in some of the provinces are the same like here in Philippines, in that a foreigner can always end up the loser. Chile has apparently made some progress towards moving away from that and towards developed world standards, but I wouldn't be surprised that the historic culture and issues aren't lurking to come back to some extent if the economy turns down in severe way.

Chile may have the least Mañana culture in Latin America?

[bryant.coleman]

Latin Americans believe in socialism in a very big way. They think the State should take care of them, that smoking pot & having free love and salsa dancing will make a wonderful world of harmony. Whereas, Asians think only hard work will result in success.

Well... no problem with that. Socialism up to a certain limit can be successful. Most of the Latin American nations are endowed with natural resources (as in the case of Chile, which having copper deposits). Asians don't have that much natural resources, so they have to work hard. Look at the middle east. Will you be able to find any of the local Arabs working? Definitely no. They just import South Asians and Egyptians to do all the work.

[bigtimespaghetti]

Latin Americans believe in socialism in a very big way. They think the State should take care of them, that smoking pot & having free love and salsa dancing will make a wonderful world of harmony. Whereas, Asians think only hard work will result in success.

Well... no problem with that. Socialism up to a certain limit can be successful. Most of the Latin American nations are endowed with natural resources (as in the case of Chile, which having copper deposits). Asians don't have that much natural resources, so they have to work hard. Look at the middle east. Will you be able to find any of the local Arabs working? Definitely no. They just import South Asians and Egyptians to do all the work.

I have noticed similar traits (as a generality) in oil rich countries. How many years do you think this will take to change in the middle-east?

[bryant.coleman]

I have noticed similar traits (as a generality) in oil rich countries. How many years do you think this will take to change in the middle-east?

It will never change in countries such as Qatar, UAE and Bahrain, where the Arab population is small. But I am not sure about Saudi Arabia, where the population is exploding and a large part of it living in poverty.

[K3nn3th]

Yes, very stable. Especially compared to Venezuela.

[AnonyMint]

Latin Americans believe in socialism in a very big way. They think the State should take care of them, that smoking pot & having free love and salsa dancing will make a wonderful world of harmony. Whereas, Asians think only hard work will result in success.

Well... no problem with that. Socialism up to a certain limit can be successful. Most of the Latin American nations are endowed with natural resources (as in the case of Chile, which having copper deposits). Asians don't have that much natural resources, so they have to work hard. Look at the middle east. Will you be able to find any of the local Arabs working? Definitely no. They just import South Asians and Egyptians to do all the work.

There is a huge problem for them. I wrote up thread that I assert we are moving to the Knowledge Age, and thus natural tangible resources will become highly devalued, i.e. massive poverty.

And thus they deprioritized the development of their knowledge economy, because they were fattened on the back of a $223 trillion debt bubble that sustain the massive overcapacity in manufacturing and demand for natural resources while retarding or devaluing knowledge work worldwide.

But a massive epochal shift is underway. This is fundamentally what this Mad Max global contagion debt conflagrapocalyse is about.

[Bit_Happy]

Chile is fairly stable except for the ground you stand on.

Oh, they have issues with earthquakes?
Searching now...
Oops:

Historic Earthquakes
Chile
1960 May 22 19:11:14 UTC
Magnitude 9.5

The Largest Earthquake in the World

Approximately 1,655 killed, 3,000 injured, 2,000,000 homeless, and $550 million damage in southern Chile; tsunami caused 61 deaths, $75 million damage in Hawaii; 138 deaths and $50 million damage in Japan; 32 dead and missing in the Philippines; and $500,000 damage to the west coast of the United States.
http://earthquake.usgs.gov/earthquakes/world/events/1960_05_22.php

They also had a pretty bad one last year.

[bryant.coleman]

Oh, they have issues with earthquakes?

Not only with earthquakes, but with Tsunamis also.

The most powerful earthquake ever recorded in the history of human kind was reported from Chile. The 1960 Valdivia earthquake had a magnitude of 9.5 in the Richter scale. Tsunamis with 25m high waves followed the earthquake.