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CHILE: IT’S RIGHT THERE

I spent the day on the phone, talking to people in Chile. Somehow, Chile’s famous world-class social security system always got brought up, and on every occasion, Chileans, no matter who they were, expressed a vibrant enthusiasm for the program. I can’t describe how intense it was – and it was utterly real. As the U.S. debates adopting the wonderful Chilean system – which, by the way, has a lot to do with why Chilean stocks are so hot in the market – Miguel Octavio asks the penetrating question of: Why isn’t the rest of Latin America looking at Chile’s quiet revolution for inspiration? It’s a good item and asks all the right questions, with a good use of statistics. Read it here.

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