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Latin America

Judi Lynn

(164,157 posts)

4. I'm seeing what you mean. It helps a lot to get some perspective, for sure.

Reply to forest444 (Reply #3)

Sat Dec 19, 2015, 12:02 AM

Dec 2015

I looked up the dictator's Wiki, was startled to read about his life. Unbelievable!

I was also surprised to see he has done some banking at the Riggs Bank in Washington, the same bank where Pinochet stashed a lot of ~~Chile's~~ his money. His job also didn't ever pay him enough to allow him to have saved up that much. Riggs is starting to sound a little strange, by now, if it has been actually the bank of torture-loving dictators.

Thanks for making some points about viewing income levels. Very helpful.

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Macri's devaluation could have major impact on Argentine prices. [View all] forest444 Dec 2015 OP

Raising the prices for groceries, cars, etc.,etc. will only hurt, handicap the poor. Judi Lynn Dec 2015 #1

This message was self-deleted by its author Judi Lynn Dec 2015 #2

That would be in nominal GDP per capita terms. forest444 Dec 2015 #3

I'm seeing what you mean. It helps a lot to get some perspective, for sure. Judi Lynn Dec 2015 #4

Sure. And besides the corruption, a country's GDP structure should also be considered. forest444 Dec 2015 #5

Like the difference between night and day. GDP 17%, on one hand, 65% in Argentina. Judi Lynn Dec 2015 #6