Sunday, January 22, 2006

Bolivia's new president

I found an article on BBC about the newly elected president of Bolivia. I think it is remarkable and such a big step in equality for the indigenous people of Bolivia. His idea to nationalize is a very ambitious one and it will be interesting to see if Bolivia's economic condition improves. I personally think that governments are slow and inefficient and he should work on subsidizing the private industries and exercising more control over them instead of trying to fix it using the government's workers. The move to try to save the natural resources is a good long-term decision but might hurt the economy of Bolivia in the near future.

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