Editorial, El Dia: The state enjoys good press because it helps, provides assistance, distributes wealth, and seeks social justice, but these are just good intentions. The reality is very different because it ends up generating more poverty than before, discourages production, and above all, harms the neediest. The harm of state aid is especially evident…
Tag: demagogue
Concession and closure of state-owned companies will generate savings for the country | Concesión y cierre de empresas estatales generará ahorro al país
El Diario: Economist argues that it will allow reducing fiscal deficit With the aim of reducing the fiscal deficit in the country’s economy, which for the current management will be 7.80% with respect to the Gross Domestic Product (GDP), economist Darío Monasterio proposes to apply a system of concession of works for the private sector…
Bolivia, Facing a Fatal Hope | Bolivia, ante una esperanza fatal
Oscar Antezana Malpartida, El Dia: A common practice of socialist systems is to imprison political opponents or individuals inconvenient to the rulers, often without demonstrating their guilt. Other opponents are eliminated. Socialist rulers build their power on two foundations: fear and greed. In these countries, everyone can be bribed or threatened. In this sense, corruption…
The selling price of the dollar remains at 8.40 bolivianos | Precio de venta del dólar se mantiene en 8,40 bolivianos
Brujula Digital, El diario: The US currency is still scarce The scarcity of dollars persists in the city of La Paz, while its price in the parallel market remains at 8.40 bolivianos, despite the agreement reached three weeks ago between the government and private businesses to stabilize the US currency in the country. Brújula Digital…
Turning the country into a barricaded nation, scaring away tourists | Ahuyentando al turista en el pais tranca
Bajo el Penoco, El Dia: “Damn gringos” The desperation to have money to spend on maintaining the parasitic state forces the government to do crazy things like increasing the fee paid by foreign visitors for the use of airports. The increase is brutal (from 25 to 40 dollars) and must be paid in foreign currency,…
International organizations have equal or greater responsibility when approving loans to fulfill electoral promises | Los organismos internacionales tienen igual o mayor responsabilidad al aprobar créditos para pagar promesas electorales
Gonzalo Colque, Brujula Digital: Indebting oneself to kick the can down the road Among the loan agreements granted by international organizations to the national government, one stands out for its high amount. Recently, the Inter-American Development Bank (IDB) disbursed $500 million to finance the “Support Program for Vulnerable Populations Affected by COVID-19 II.” The loan…
