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Chile

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Bitbandit

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Mar 12, 2010, 9:22:40 PM3/12/10
to ViewFromSpaceDiscussion, supern...@yahoo.ca, sp...@640toronto.com
Acording to the news reports, Chile had virtually no debts. Until the
quake hit. Copper prices had provided a lot of funds to the country.

"Economy: Chile has one of Latin America's strongest economies; high
world prices for its copper have swollen state coffers"
http://news.bbc.co.uk/2/hi/americas/country_profiles/1222764.stm#overview

Boom. 8.8 quake = 30 billion dollars in the hole. They are trying to
figure out if they can get by without having to borrow.
http://news.bbc.co.uk/2/hi/americas/8565493.stm

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