[InsightSur]

Increasing government programs matched by government inefficiency has corrupted the society, and driven it to stagnation.

[cuban leaf]

Ripped from the pages of Atlas Shrugged.

[dfwgator]

Argentinian culture is known for being proud. Nationalism has been the tool of many leaders, and drove the nation to war over the Falkland Islands in the 80s.

Also drove them to harbor a bunch of Nazi war criminals.

[Kenny Bunk]

Argentina was an example of extreme class warfare and the desire to have Euro-style cradle-to-the-grave social programs in toxic blend of Fascism and Socialism. The innate wealth of the country was simply sucked out of it.

Chile got it right for a while, and is now much better off economically. But the Socialists will wreck that country, too.

[Parmenio]

Thanks for posting this. I’ve bookmarked your blog and will be reading it from now on.

[MSF BU]

This sounds like a sketch right our of Atlas Shrugged.

[PGR88]

Socialism and Statism destroys people’s connections to society, destroys a people’s morals and their traditions, diminishes the rule of law, and rapidly increases corruption and cynicism. A little socialism is a little evil, and a lot of socialism is a lot of evil.

I have lived in China, been to Russia, the former East Germany, and South America, and have seen this is an indisputable fact.

[GeronL]

Stifling innovation, stifling creative thought (real creativity, not the Hollyweird trashy crap) and stifling of the road to prosperity is what creates that malaise....

... goes hand in hand with repressive socialist policies.

It’s starting to be noticeable here in the US too.

[Choose Ye This Day]

I used to ride that same train 22 years ago into Once Station in Buenos Aires. When I say the same train, I mean the SAME train. The cars I rode were the exact same cars that crashed last week. And they were old in 1990. Nothing has been updated or modernized.

And the Argentines were complaining 20 years ago about their unrealized potential. They have been veering stupidly toward socialism the last two decades and...surprise! It hasn’t improved their lives one bit.

[Kartographer]

Coming soon to America

Argentina’s Economic Collapse - Part 1 of 12

http://www.youtube.com/watch?v=rH6_i8zuffs