Ingratitude and Ignorance Are Driving The Destruction of The Greatest Civilization In Human History

Psalm 25

v 14 The secret of the Lord is with them that fear him; and he will shew them his covenant.

When my forebears emigrated to this nation around 1800, they came to a country where a majority of folk were still God-fearing.

Today truly God-fearing folk make up a small fraction of this nation.

Thank you.

Look at how stupid half of our population has been since he showed up

again, these folks were already stupid, thats not Obamas fault

“Think of how stupid the average person is, and realize half of them are stupider than that.” ― George Carlin

It’s been worse since him IMHO

Argentina was one of the wealthiest countries in the world in the early 20th century, but declined economically in the decades that followed, often associated with the rise of Peronism in the mid-20th century.

Let’s break that down:

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✅ Argentina’s Wealth in 1920:

Per capita income: In 1920, Argentina was among the top 10 countries globally in terms of per capita GDP, comparable to or even exceeding parts of Europe. It was not quite equal to the U.S., but closer to countries like France or Germany.

Exports: Argentina was a major agricultural exporter, especially of beef and wheat.

Foreign investment: British and other European capital flowed into Argentina to build railroads, ports, and infrastructure.

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🔻 The Decline After 1930:

Great Depression: The 1930s hit Argentina hard. Demand for exports fell, and Argentina turned toward more protectionist policies.

Coup and Instability: In 1930, a military coup began a long period of political instability.

Perón's Rise: Juan Perón came to power in 1946, promoting a populist, nationalist economic model:

Nationalization of key industries

Strong labor unions

Import substitution industrialization (ISI)

While this boosted working-class support and short-term growth, over time it led to:

Inefficiency in nationalized industries

High inflation

Budget deficits

Debt crises

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❓ Was Peronism the Main Cause of Decline?

It’s not the whole story:

Argentina’s decline began before Perón, after the 1930 crash.

But Peronist policies arguably accelerated economic stagnation by making the country more inward-looking and reliant on unsustainable government spending.

Later, Argentina suffered repeated cycles of inflation, debt default, and military rule.

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📉 Long-Term Result:

By the 1970s–1980s, Argentina had fallen far behind the U.S. and most of Western Europe in wealth.

The gap widened significantly after repeated economic crises in the late 20th century (e.g., 1989 hyperinflation, 2001 default).

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🧠 Summary:

> Argentina was indeed a rich country by global standards in 1920, but not quite on par with the U.S.

A combination of global shocks, early protectionism, political instability, and later Peronist populism contributed to its long-term relative decline.

From AI.

ok cant argue with you there LOL