Ecuador Wants to be Poor(er) Again

Ecuador wasn't such a hot place to invest even before Chavez mini-me Rapheal Correa took over. Now it is many times worse. I always love that the media is quick to describe Correa as a US-trained economist. Either being a US-trained economist means zilch or his education is secondary to his thirst for power. To accelerate the impoverishment of an already poor country is astounding. But just like the Venezuelans, the Ecuadoreans are getting what they deserve. As the end-game of Chavismo becomes more transparent, it is good to see those at the beginning of that road to serfdom putting up resistance, but I'm afraid many are already lost.