From Seekingalpha.com: Chile boasts a $28 billion sovereign wealth fund, accumulated almost completely from its copper profits. That’s almost equal to a staggering 14% of the country’s GDP in cash savings!
This will enable Chile to implement counter-cyclical policies to keep growing at 3.5% to 4% next year – or about the current rate of growth, even with the worldwide meltdown….. Full Article: Source



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