It will be interesting to see how the ties between the U.S. and Chile turn out. Bachelet seems to be a good candidate for the people of Chile to rely on. The U.S. needs to get a bit more liberal soas to go into a coalition with Canada and South America. We as a Bloc would then have the labor, the resources, and the clout to take on the emergence of China in the future. Of course, exploitation is always an issue.
Again, the group that will have to sacrifice and suck it up will be the disenfranchised middle class people who always have a struggle. The wealthy will always be wealthy while the poor all want to be middle class as well!!
I suppose that there will simply be more people who make less yet who are no longer in poverty.