They should be kicking ass. They are finally out the perpetual dictatorships of the last 50 years and still have very low wages for labor. Countries like Bolivia and Venezuela are lagging behind because they still have moronic leaders. However the success is a bubble, it will top out soon enough, and we will see if a downturn will force the old ways back into these countries.

Where do you think illegal immigrants are sending all their money? Certainly not the IRS.

Just look at all the mexican flags and spanish signs all over a western union store and you can pretty much piece together what's happening.

gameshowhost: Down there, anyone dare speak out? You get murdered for so much as trying to unionize.



LOL WUT?

Yeah, their economies -- like those of many other third world countries -- are booming on the backs of the American worker who has had his job offshored. Occupy Wall Street does not approve.

Yawn. Who gives a fark about loudmouthed hippies?

Just look at all those Favela McMansions going up.

And yet there hundreds of thousands of illegal immigrants coming from latin america to the US every year.

Source - Link (new window)

You're reading an article from NAM.org???? I had to duck while John Rambo fired an rpg into a camp during our escape...

/not really

mgshamster: Meth and pot can bring in a lot of income.

So can sweeping international trade deals negotiated without any interference (or participation at all) by the USA.

You can make a pretty good living for yourself once you cut out the Mob. Because the Mob always wants a big cut and a big seat at the table.

Since Latin America started cutting all economic ties with the US, things have been waaay better for them on the whole.

Good for you... at the end of the day you still live in Latin America.

FTFA:
For its part, Argentina -- while suffering from unemployment levels that are higher than government officials would like to have -- confronts an acute shortage of skilled labor. "In the area of computer systems alone, there are an estimated 50,000 available jobs, while at the same time there are a large number of unemployed people who don't have the necessary skills, which is why there is no correlation between economic growth and unemployment levels," Caludio Flores, director of Agein, a human resources agency, said this past spring.

There ya go, Occupiers. Jobs in Buenos Aires. Beautiful city, lovely culture, and they need your skills.

gameshowhost: Down there, anyone dare speak out? You get murdered for so much as trying to unionize.

You taking the piss? IIRC the only non-socialist govenrments in Latin America currently are Colombia and Chile.

And I can tell you that in Chile, unions do exist, and in the key industries, are insanely powerful. As in "copper miner can make more in a year than a doctor or engineer" powerful.

/engineer
//wishes he had copper industry union benefits

WTF Indeed: They should be kicking ass. They are finally out the perpetual dictatorships of the last 50 years and still have very low wages for labor. Countries like Bolivia and Venezuela are lagging behind because they still have moronic leaders. However the success is a bubble, it will top out soon enough, and we will see if a downturn will force the old ways back into these countries.

Tell that to the entire Bolivian Navy -

Heh - Titicaca

brap: Actually the OWS stuff reminds me of the protests that were going on in Argentina when their banking/economic system was on the verge of collapse in 2001.

Essentially the Asian and South American countries finally had enough and told the IMF to go fark themselves and they've been much better off since. Before that they were at the mercy of hot money flows and the IMF's 'austerity is the way to growth' programs. Investors would flood the country with money, bribe the politicians to allow it in, then once the worm turned the hot money would flee, and the IMF would step in the squeeze the turnip in order to make sure international investors were made whole on their bad investments.

Remember when they bail out Greece or some other place that's be savaged by capital flows, they aren't bailing out the country, they're bailing out the banks that caused the mess.

I've met quite a few Brazilians in my program. They are optimistic about Brazil's future, but admit that Brazilian consumers pay very high interest on loans, the infrastructure is generally crap (the world cup will be a logistical nightmare), and there is a huge shortage of highly educated and experienced business managers.

WTF Indeed: They should be kicking ass. They are finally out the perpetual dictatorships of the last 50 years and still have very low wages for labor. Countries like Bolivia and Venezuela are lagging behind because they still have moronic leaders. However the success is a bubble, it will top out soon enough, and we will see if a downturn will force the old ways back into these countries.

Wages in Brazil are higher than the US. Martini's cost $32.

Brazil will be imploding in another 12 months.


In Argintina, it is now against the law to publish inflation numbers different than those announced by the government.

Countries with a growing middle class are more stable than ones with a shrinking middle class. Who knew!?!?!?

sotua: You taking the piss? IIRC the only non-socialist govenrments in Latin America currently are Colombia and Chile.

I think he's hearkening back to the old days, when US-backed dictators like Somoza, Pinochet, and all those thugs were habitually sending out death squads to kill dissenters. And Jesuit priests, and doctors, etc.

Doesn't happen anymore, except I think in Colombia.

on the title alone, this thread has potential.

cgraves67: FTFA:
For its part, Argentina -- while suffering from unemployment levels that are higher than government officials would like to have -- confronts an acute shortage of skilled labor. "In the area of computer systems alone, there are an estimated 50,000 available jobs, while at the same time there are a large number of unemployed people who don't have the necessary skills, which is why there is no correlation between economic growth and unemployment levels," Caludio Flores, director of Agein, a human resources agency, said this past spring.

There ya go, Occupiers. Jobs in Buenos Aires. Beautiful city, lovely culture, and they need your skills.

It's a great city. Summers are a biatch, though (hot and humid) but the food is awesome. And the city is gorgeous. And Argentines are great, warm, welcoming people (or at least every single one I've interacted with in Argentina, from the customs officer when I entered to the last goodbye at the airport gate). The accent might be a tad hard to follow at first if your Spanish isn't all that good. And the constant public marches and "occupations" are a nuisance (OWS has nothing on Piqueteros). And you really shouldn't mind if the ruling class is robbing you blind right in front of your eyes (seriously, US politicians are discreet when compared to these guys). Other than that, lovely.

/wouldn't mind living in BAires at all

thomps: Unixfreak: Where do you think illegal immigrants are sending all their money? Certainly not the IRS.

Just look at all the mexican flags and spanish signs all over a western union store and you can pretty much piece together what's happening.

so your thesis is that latin american economies are thriving because latin americans are coming to the faltering US economy, succeeding where everyone else is slipping, and sending their gains back to their home countries. that is what you are going to stand behind?

Oh, so that's how all that capital is leaving the US. Nothing to do with all those US companies moving manufacturing off-seas or anything.

/admittedly, point pulled from ass
//was true once before, not sure how much of this is still the issue etc.

IamKaiserSoze!!!: Has anyone considered, just for a moment, that paying $40/hour for someone to push a button on an assembly line, or $70k a year to work a 5 1/2 hour day collecting garbage in Chicago may be part of problem?

Dude, I know. I mean, all the people making $1.7 million dollars per week to file some papers as a school secretary and the guys making $75.7 billion per minute to read the internet are part of the problem too. Why does no one talk about them?!?!?!

off-seas = over seas

Crotchrocket Slim : Oh, so that'show all that capital is leaving the US. Nothing to do with all those US companies moving manufacturing off-seas or anything.

He fled pretty quick after that post, I think he got confused between "Latin America" and "Latins IN America".

/like, they don't even speak Latin anyway

gameshowhost: Down there, anyone dare speak out? You get murdered for so much as trying to unionize.


THIS.

Isn't Brazil's economy simply being buoyed by the high commodities demand in China? If so, that's not going to last long.

A recession-proof business plan.

IamKaiserSoze!!!: ...or $70k a year to work a 5 1/2 hour day collecting garbage in Chicago may be part of problem?


Chicago ranked in fourth place for top pay by U.S. metropolitan area, at $22.81 per hour, or $47,450 per year. Refuse and recyclable material collectors in the greater San Francisco area had the top pay by city, at $26.81 per hour on average. http://www.ehow.com/info_12015222_average-salary-garbage-man-illinois. html


I refuse to believe you.

Soup4Bonnie: IamKaiserSoze!!!: ...or $70k a year to work a 5 1/2 hour day collecting garbage in Chicago may be part of problem?


Chicago ranked in fourth place for top pay by U.S. metropolitan area, at $22.81 per hour, or $47,450 per year. Refuse and recyclable material collectors in the greater San Francisco area had the top pay by city, at $26.81 per hour on average. http://www.ehow.com/info_12015222_average-salary-garbage-man-illinois. html


I refuse to believe you.

I Have The Touch of a Shocked Monkey: (Middle class being the ones living in gated communities and averagely built 2-bedroom homes like myself at the moment.)

You're an averagely built 2-BR home?

elchip: Yeah, their economies -- like those of many other third world countries -- are booming on the backs of the American worker who has had his job offshored. Occupy Wall Street does not approve.

Yeah... because this needs repeating.

Need pictures of hot Latin girls.

elchip: Yeah, their economies -- like those of many other third world countries -- are booming on the backs of the American worker who has had his job offshored. Occupy Wall Street does not approve.

As long as Americans are doing ok, fark everyone else.

in other news, people still don't give a shiat about what's happening far away from them.

I Have The Touch of a Shocked Monkey: As an American currently living in Guatemala, I can tell you I have many friends who do like to laugh at the "silly americans" protesting Wall Street.

On the other hand, I also know various people living in tin-roof makeshift homes that get washed away every other tropical storm. So, in other words, there are rich people and poor people here just like there are in the States, just with a more visible middle class I assume. (Middle class being the ones living in gated communities and averagely built 2-bedroom homes like myself at the moment.)

If your Third World hellhole wasn't that bad, it wouldn't need gated communities.

If anything, people laugh at you for having to need protection from your own people.