Saturday, 18 January 2020

"Latin America’s freest, most stable and richest nation—is in free fall... a mere 40 days for the Latin American “oasis” of Chile to vanish. Other nations take note: This is what elite self-hatred can do for you." #QotD


"Latin America’s freest, most stable and richest nation—is in free fall... It took a mere 40 days for the Latin American “oasis”—as President Sebastián Piñera called Chile not long ago—to vanish. How a stable and prosperous Chile fell so dramatically in such a short period is a lesson for every Western democracy...
    "The free market didn’t fail Chile, whatever its politicians might say, and the state doesn’t lack the means to restore the rule of law. The central problem is that a large proportion of the elites who run key institutions—especially the media, the National Congress and the judiciary—no longer believe in the principles that made the country successful. The result is a full-blown economic and political crisis. Other nations should take note: This is what elite self-hatred can do for you."

      ~ Avel Kaiser, from his article 'Latin America's Oasis Descends into Chaos'
.

No comments:

Post a Comment

Comments are moderated to encourage honest conversation, and remove persistent trolls.