How Chile is becoming a first world country


News from Panama / Monday, July 16th, 2018

Having just returned from a vacation and exploratory to Chile and Argentina, I was very impressed with what I saw in Santiago, Chile. Business is booming and everyone seemed happy with their life there.  Most importantly, they are part of a economic model that the US could learn a lesson from.

After reading Dan Mitchell’s post  The Second Social Security Crisis, I drilled down to his discussion of the economic model of saving and pension plans in Chile. The Overwhelming Case for Chile’s Private Social Security System

I find this of great importance as I recently opted for Early Retirement Benefits as I am not one of those who believe that we can keep printing money and issue IOUs to keep America afloat.

I am keeping my eyes open on Chile and I will be returning there soon.

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