"Political language . . . is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind." George Orwell

December 2, 2005

Chile's Pensions Under Fire by Alvaro Vargas Llosa

The Presidential candidates in Chile’s upcoming elections have been drawn into the volatile battle over the country’s private pension funds. If it continues, one of the few success stories in Latin America’s economy—imitated in many countries—could begin to be overturned and the country’s march towards development severely hampered.

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