Argentina has the resources to be one of the most prosperous countries in the world.
I visited Argentina many times for business, at least before Milei came to office. I have always told people: "Argentina has to try hard to be poor. And in many ways, they succeed!"
It has/had the same sort of corrupt socialist/crony system that many African Governments have. But unlike Africa, Argentina with its European culture. EU/Christian population/society, and their new-world "cowboy" spirit (not unlike how we Americans view ourselves) people still make a decent life for themselves and a respectable society, in spite of the burden their bloated government and corrupt socialism puts on them.