Leonardo Suárez de LarrainVial: “If the Rejection wins, the IPSA could exceed 6,300 points and the dollar would drop below $850”

In the report, Suárez pointed out that the Rejection might win for four reasons. First, there will not be a candidate like José Antonio Kast on the ballot, with the resistance that he generated; second, the focus of the Constitution on identity groups “might generate resistance from many Chileans to vote for the proposal.”

Third, the Rejection would not be linked to a defense of the current Constitution; and fourth, historical cases such as the 2016 referendum in Colombia and even the victory of the “No” vote in the 1988 plebiscite in Chile “reflect that the negative answer has a chance of succeeding in the history of plebiscites.”

But Suárez also recognized that there are reasons why the Approval might prevail on Sunday. Among them would be the fact that it is an affirmative position and that, following all, historically they have had the upper hand in the plebiscites, to which is added the high vote that the Approval had in the entry plebiscite.

Also, he argued that “lThe social rights contained in the proposed Constitution are a hook for people to vote I Approve” and mentioned the fact that “theThe new Constitution is presented as an alternative to the current Constitution, which was designed in the military government”.

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