Andre’s Velasco the Chilean Finance minister
picture from wikimedia
There is a great story on Bloomberg about the Chilean Finance Minister Andrés Velasco and the government savings from Copper which he is starting to spend to stimulate the Chilean economy. The article is really well written and there is not one good part to cite. If interested you will have to read it all. The good news is that Chile will manage this economic down turn better than most developed countries and a lot better than other Latin American countries. Read the article here –>
My previous post about the Chilean economy can be found here: Chile’s economy
