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To: Gay State Conservative
Argentina's was lower than Equatorial Guinea's

That is amazing, although I would pick living in Argentina any day over Equatorial Guinea. That miserable country's per capita earnings position comes from off shore oil production almost totally run by and operated by European and North American labor. Still, it is an amazing comedown for Argentina, which in the period of 1900 to 1910 was generally thought to have the highest per capita income in the world. The picture of the opulence of Argentina at this time in Hiram Bingham’s ‘Across South America; an account of a journey from Buenos Aires to Lima by way of Potosí, with notes on Brazil, Argentina, Bolivia, Chile, and Peru’ published in 1910 is a stark reminder of what can befall nations whose political and social systems have deeply embedded flaws.

40 posted on 07/25/2013 10:03:53 AM PDT by robowombat
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To: robowombat

In 1910 it was thought that Argentina was on the brink of world leadership & was the country of the future.


41 posted on 07/25/2013 10:12:04 AM PDT by LongWayHome
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To: robowombat

Argentina could have been great but they seem to prefer socialism, and that will crimp any style


46 posted on 07/25/2013 10:23:58 AM PDT by GeronL
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To: robowombat
That's always been my understanding as well.In school we were taught that Argentina was a prosperous,stable country that was basically the breadbasket of the Americas (along with the US and Canada).I guess Che Guevera’s social and economic attitudes won out over civilization.
47 posted on 07/25/2013 10:28:54 AM PDT by Gay State Conservative (If Obama Had A City It Would Look Like Detroit.)
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