South American Economies

notice anything?

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en.m.wikipedia.org/wiki/List_of_countries_by_economic_freedom
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Shitty economies built on unprocessed natural resources?

How do we fix this

sounds like denmark oik oik

What website is this?

Brazil and Argentina are Soyboys while Chile and Peru are chad miners?

S O Y
O
Y

Fix what? Looks ok to me. If your country is rich in raw resources, why not mine it? Nothing wrong in this.

stop Peru and Chile from being US cock sleeves

Chadmeridians

Because they run out, dumbass

>notice anything?
yes
my country is not included... again
otra lista en la que no figuro

wikipedia commons?

...

Yes, the ones with copper have stable economies.

>tfw no Paraguayan super twinky trap soyboyfriend

>only developed economies are Argentina and Brazil

We already knew this.

>stable and forever poor
>unstable and maybe wealthy

tfw no industrialized country.

We are literally a banana republic

What is holding you back?

Isn't Chile supposed to be lolbertarian paradise or close to it?

LOS

There is nothing wrong with selling natural resources, but if you’re not gonna put at least some of it towards diversifying your economy, you’re gonna run in to problems when you run out.

Why is South America so completely devoid of a service, tech, and finance industry? Do you just use all that mineral money on gibs?

Texas and Norway sell off their oil too, but they’ve done a great job of putting it towards development

>Hey let's industrialize
>Promote import-substitution-industrialization
>Goes broke
>Neoliberalism stabilizes the economy but leaves millions jobless or underemployed
>Hey, let's try to improve intra-regional trading in order to promote industrialization
>Chinese arrive and commodity prices hit all time high
>Brazil and Argentina become soy boys for China
>Commodity prices crash
>Whole region utterly fucked

We are a commie shithole

Given that Chile is the best country in Latin America, it pretty much proves that free market principals are so universal that they can improve a country regardless of the average IQ of its people, which limits the extent a nation can be first world.

>Why is South America so completely devoid of a service, tech, and finance industry? Do you just use all that mineral money on gibs?
I wonder why? maybe that is because until 90s we were all pro-US military dictatorships that gave a fuck about industrializing the country and solely wanted to sell you cheap commodities like before

hey thats a good summary

>its whitey fault

Or maybe its just your genes? You think a low IQ population can build a service, tech and finance industry? No, they can't, and they'll be facing competition from the rest of the world.

Genetic explanation explain Latin America so well, its not even funny anymore.

>but if you’re not gonna put at least some of it towards diversifying your economy, you’re gonna run in to problems when you run out.
But that's what we are doing, but if you say that the meme of OP doesn't work

>Genetic explanation explain Latin America so well, its not even funny anymore.

t. Canadian who has never studied the region and gets all his info from Sup Forums

>But that's what we are doing, but if you say that the meme of OP doesn't work
You kinda need protectionism for that to happen, if not you are literally going to become Mexico 2.0 and all your wealth is going to end up in the US or other countries

>almost 1/3 of argentina's entire economy is just soybeans

soybeans for China's literal pigs

Look who's talking.
The only difference between Norway and Argentina is that oil sells for a higher price.

Well... our biggest competitive advantage is having tons of natural resources, why wouldn't we take advantage of that? Australia and Norway doesn't look bad. The thing is our population is bigger. Algo we have mestizos, that's not good for any economy.

not much oil eh lad?

Leave us the fuck out of this hue

>t. a gene denying fuckwad.

You can't even explain Detroit, why Haiti/Dominican Republic turned out the way they did, or how Belize entire chicken industry literally only exists because of Mennonites, because you're blind to the reality of human existence. You'll just come with theories that fail to adequately explain it all or predict everything. I heard it all, its not interesting anymore. Gene explanation are far more fascinating.

are you shitting me Norway?

Iceland is honorary South American

The biggest problems can be boiled down to infrastructure, production, and economic mobility. Economic inequality pretty much fucks the larger economy and target investments and improved financing for local businesses is essential for long-term growth and innovation. There is too much focus on top down growth rather than bottom up. Before you say, "but what about Venezuela or Kirchner?". Those were mostly investments in social transfers and other welfare programs, not necessarily in actual sustainable economic policies.

yeah, impressive exports, why isn't your country first world then? clearly because NAFTA and Alianza del Pacifico benefits your governmnet and isn't literally an excuse to abuse your commodities and cheap workers for pennies while giving your people and government zero return. Mexico literally is what is China nowadays but worse since the government is literally a US puppet and survives only for that

You left out the whole
>corrupt macho lazy latin culture

Yeah, yeah, yeah, it’s all America’s fault, I know.

We didn’t have fuck all to do Venezuela’s current problems. Chavez sold his people on the lie that he was putting all that oil money towards developing his country, and once the price of oil bottomed out globally, his petrostate started having major problems.

South America’s lack of a diverse economy is largely its own doing. Businesses aren’t gonna want to move in to the country if tax the shit out of them, and people with ambitions of working in more modern industries are gonna look to leave if you don’t try to set up those industries. South America is stuck in a hell between 2 paths towards development where it wants all the social services of a 1st world country, but offers no reasons for people who’d have the money to pay for them would want to live there.

I forgot that soybean oil and crude oil are basically the same thing, extracted in the same manner with the same effort selling for an equal amount.

>tfw no cute argentinian soyboy

>Why Haiti

Because Haiti had high population density and shitty soil conditions that made it difficult to grow food to begin with and only survived because of industrial sugarcane production which further damaged the social. In turn, many Haitians resorted to charcoal production and logging because it provided an easier reliable source of income.

>Dominican Republic

Had a smaller population and more land to work with in the long-run. Basically, it's history has a number of similarities with Costa Rica's in which you had a small population, more equitable land-holdings, and extra arable land for future population expansion. In comparison, Haiti is a mountainous country with limited arable land and a history of relying on military state apparatus to maintain control, which transferred over into future Haitian governments and institutions until Aristide dismantled the army.

Now kindly fuck over troll.

Dude, we are not South Americans, whatever factors prop us up or hold us down are very different than what goes on in your countries, our history, particularly the 20th century, is very different. Stop making all these butthurt claims, I'm not the one talking shit about Brazil in a thread about North American economies.

You're right, oil probably gives way better margins compared to the effort it takes to get it out of the ground.

It's almost like a lot of countries with oil somehow ends up well-to-do. Or are we pretending that Saudi Arabia was a rich country before the oil?

You're south American dude. You speak south american, you look south american and you act south american.

Yeah you're right... you just make a hole in the ground and make money. Not like that has so much merit. You were just lucky.

Ignore him, he is a brazilian who thinks that any country that trade with USA or China is a shithole worse than Brazil

the average 1st worlder would be considered a soyboy down here

>We didn’t have fuck all to do Venezuela’s current problems.
Clearly you don't, I mean what would the US benefits from having the biggest oil reserves of the world when your economy is literally built on printing money backed by Saudi oil. Clearly there is no benefit at all in couping Venezuela or interfering in their country
>Businesses aren’t gonna want to move in to the country if tax the shit out of them, and people with ambitions of working in more modern industries are gonna look to leave if you don’t try to set up those industries.
lmao, you don't know shit about South America. If anything we are more libertarian than the US in that aspect because everybody dodge taxes or pay bribes when business are small, also corruption enables big companies to thrive and break the current status quo and if you think american companies are corruption free you are stupid as fuck
Your culture is literally the same as all Latin America, if you think you are anything different from us you are cucked beyond belief
yeah that is exactly what I think lol

Finally, I can use this picture.

No, I am Latin American and that's what we have in common with these people who live in a different fucking hemisphere.

alguien me explica el soyboy meme, me imagino que es de /fit/

>""""stable""""
> commodities dependent
Choose one wisely

t. american in mexico

this is australia. resourcelets are jealous desu

Esto es un nuevo frase de "alt-right". Es similar a "cuck".

Gracias amigo

Mexico is literally better off than most of South America economy wise.

Literally a Chinese colony.

Wev are talking economics, not culture, but even in that respect you and I are very different aren't we? Or are you going to claim there's a lot of Amerindian culture in Brazil? Once again, I'm not the one pissing on you.

We deposit 96% of our oil revenue into the sovreign wealth fund, which is part of the reason why it's now sitting at 1trillion € and why we don't have gold coated skyscrapers everywhere.
It's not as if Norway was exceptionally poor before the oil came around and it's not going to collapse after it's gone either. Good fisical management and solid financial institutions are at the heart of this.

Norway's Economy is 3rd word tier tho. If you didn't have oil you'd be relying on Salmon and Cheese graters exports

Misquoted

Norway could almost sustain it's entire economy on that sovereign wealth fund it's been maintaining.

The Dominican Republic is on track to become a 1st world country in under 20 years and is black. When Haiti won independence it was the crown jewel of the Caribbean. It was a massive exporting force. But, the majority of the world was still slave keeping. Haiti was promptly blockaded by every European power and the US. Then France forced them to accept a massive debt with high interest rates that they wouldn't be able to payoff for a 100 years. Haiti was systemically excluded and bullied by the world for a damn near long time. Today, a lot of official shit is still done in French but the vast majority of the population speaks creole. So there's why Haiti is shit.

That's because they have the world's largest economy as neighbor. You could place Bolivia right next to America and they'd be quite developed as well due to trade

lmao, they are better at giving you cheap labor and being a better cuck for you, meanwhile we strive to become our own thing
>Or are you going to claim there's a lot of Amerindian culture in Brazil?
yes there is, to the point that half of our cities are named in Tupi and literally our country history from the XVI century to the XVIII history was literally based on the natives and the jesuits to the point we spoke their language until the XVIII century. Also pic related is one of our national heroes for being a commander for fending off the Dutch in Northeastern Brazil

me parece que es algo sobre la soja y el estrogeno que produce en el cuerpo (?), pero ni idea
de todas formas, le echan soja o derivado de soja a todo hoy en dia

Colombians are weak ass fuck. Manlets with 0 muscle on general. LMAOing at your ass. On top of that your people are horrendous in general. Shooting guns in the street doesn't make you less of an effeminate bunch with woman-like accents and shitty bodies

You don't have to go that far. Puerto rico is the wealthiest spanish speaking territory (they have more purchasing power than Spaniards) and they're a mix of white + mulattos + triracials (Kinda like us). Race and wealth are not that correlated. Singapore is the richest country per capita and lots of arabs gulf mini countries have a higher purchasing power than most western nations

>Chilean industry is literally nonexistant

the second most developed country in the planet, Australia

pls buy chilean grapes

>The Dominican Republic is on track to become a 1st world country in under 20 years
Lol. Go there and tell me that again with a straight face

Industry is a meme when you can provide services and be the middle man

Un soy boy es la represantacion del hombremoderno occidental, cuyo balance hormonal ha sido alterado por elexcesivo consumo de alimentos procesados, que por lo general CASI SIEMPRE contienen derivados de la semilla de soya, yesta a su vez contiene fitoestrógenos que actuan en el cuerpo masculino aumentando los niveles de estrógeno. Por eso hoy día hay tanto afeminado en el mundo. No tengo nada en contra de ellos por cierto.

>US economy is built on printing money backed by Saudi oil. Clearly there is no benefit at all in couping Venezuela or interfering in their country

Nice meming. Do you know why people don’t give a fuck if we print money? Because we’re the #1 leader in every modern industry in the world. Media, service, finance, we literally invented the modern tech industry in Silicon Valley. Europe’s tech industry is an absolute joke compared to ours.

People and businesses stay here because of the absolute confidence they have in the US to stay afloat because of how incredible our economy and military power is.

And South America isn’t libertarian at all except Chile who’s doing much better than everyone else in their region.

en.m.wikipedia.org/wiki/List_of_countries_by_economic_freedom

Gracias amigos

>The Dominican Republic is on track to become a 1st world country

Its not. Not even among Latin America is it among the best nations. Its not even the best nations among blacks, but the only reason those black nations in the Caribbean are even decent is because of tourism, not due to the blacks themselves. Indeed, these rich black Caribbean nations still show the same level of violence and social problems that plague all black nations. Social standing wise, its objectively below the standards of first world nations. They are not gonna improve. They never will, they're just gonna experience what Brazil experiences, the country of the future, forever and ever. The Economist will write reports, why is Dominican Republic no longer rising?

In 20 years, the Dominican Republic will not be first world, and you'll blame whitey for your problems, just like you blame Haiti being the same shit you see in Africa on whitey, and why you blame Africa on whitey, and Detroit on whitey. Not the genes of your race.

Puerto Rico is poor as fuck. They just have a rich elite. The average Puerto Rican is much much poorer than the average Spaniard

It's like how Poland is counted as eastern Europe even though it's not as far east geographically as Finland.

You are a south american country.

>Because we’re the #1 leader in every modern industry in the world. Media, service, finance, we literally invented the modern tech industry in Silicon Valley. Europe’s tech industry is an absolute joke compared to ours
>People and businesses stay here because of the absolute confidence they have in the US to stay afloat because of how incredible our economy and military power is.
HAHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAH
en.wikipedia.org/wiki/Petrodollar_recycling
m8, this isn't the 40s anymore, literally all of your capitalists realocated their manufacturing industries to China or Mexico. Your military power exists nowadays to solely keep the world hostage and the petrodollar working so that your government can print infinite money due to the global demand for dollars due to an agreement with the Saudis in the 70s after the failure of the Bretton-Woods Agreement. Your country nowadays is basically a cuck for globalists, that disregard even your people and your country

kek

Whatever, we are not commodity exporters like you guys are, we spent most of our 20th century as revolutionary lefties, we don't share this weiird fascist fetish you people have and the problems our country is dealing with are not about industrialization, we are the sole country in Latin America that competes directly with East Asia. I'm not claiming we are in any way better off, our problems are different.

>
>>Not even among Latin America is it among the best nations
The DR has the fastest growing economy in the western hemisphere, man. They're closely followed by Panama. They're economy is basically based on tourism tho, so they're effectively putting all their eggs in the same basket like most of our underdeveloped shitholes

>Industry is a meme when you can provide services and be the middle man
Enjoy ur Venezuela tier crisis when prices go down
BTW I know jackshit about economy

If they're following in Panama's footstep, then I imagine their economy is probably relying on money laundering in addition to tourism.

that's why they still don't have electricity?

Why does it always end with us being compared to Poland by you guys?

They're not South American. In the Latin American education system we're taught that Mexico is part of Central America and mexicans hate being associated with them. IN the Anglo educational system they're taught that Mexico is part of North America. But in neither case they are South America. We're totally different from them

>Given that Chile is the best country in Latin America, it pretty much proves that free market principals are so universal that they can improve a country regardless of the average IQ of its people, which limits the extent a nation can be first world.

I thought the electricity issue was sorted out already

Australian case is unique. They are literally a commerce outpost for American/European companies in Asia. They literally survive off exporting services to countries with similar culture to theirs, and since America and Great Britain are basically Australia they don't have nothing to lose from it, just like Ireland. As long as the US is the global power they basically don't have nothing to lose from it, which is different from Latin American countries which have totally different cultures and a totally different worldview and culture, hence the need to keep them poor and replace their culture for something profitable and that supports globalization like anglo culture

>This thread
AGRO EXPORTS ARE NOT NATURAL RESOURCES YOU DUMB FUCKS
YOU DONT RUN OUT OF THEM
ITS AN INDUSTRY

Apparently Poland is their meme Mexico