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It may be understandable given the context, but IMO it's a stupid move. I for one would not invest any money in Bolivia (or Venezuela or Cuba for that matter). I can't be sure that the leftist governments will allow me to get a reasonable return on my investment.
Social equality is all fine and dandy, but without capital investment, their economy will suffer. Why invest when your money is going to be "stolen" by the government anyway?
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