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The Tragedy Of Argentina: A Century Of Decline
Business Insider ^ | 02/16/2014 | Unknown

Posted on 02/16/2014 12:15:52 PM PST by Carbonsteel

One hundred years ago Argentina was the future. What went wrong?

WHEN the residents of Buenos Aires want to change the pesos they do not trust into the dollars they do, they go to a cueva, or "cave", an office that acts as a front for a thriving illegal exchange market. In one cueva near Florida Street, a pedestrian thoroughfare in the centre of the city, piles of pesos from previous transactions lie on a table. A courier is getting ready to carry the notes to safety-deposit boxes.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
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To: reformedliberal

people don’t seem to learn from history


21 posted on 02/16/2014 2:33:20 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: Jim Noble

I work for a German company and I can tell you that The German people and the government are trying really hard recreate the conditions that led to the collapse of Weimar.

I think one of the main reasons that most of Europe is able to engage in social engineering experiments to the extent they have is all the of subsidies they get from the U.S. You can add Israel into that equation as well. Just pulling our military assistance alone would be enough to send most of Europe into a tailspin.


22 posted on 02/16/2014 2:38:39 PM PST by Carbonsteel
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To: Carbonsteel; livius
Let it collapse? How can anyone stop it?

Glancing through recent posts I find a story of a Seattle Council member Kshama Sawant who is "...throwing down the gauntlet." for a $15 an hour minimum wage. These elected officials are beyond irresponsible. What combination of stupidity, ideology, idiocy and ignorance produces these people? And their constituents support them and elect them and re-elect them. How do you propose to turn this around?

We can all name dozens of US cities that have lost population in the last thirty years. Detroit is the most glaring example and, for me, the closest. When I was growing up Detroit really was the shining city on a hill. The decline started in the 1960's under various liberal/progressive mayors. The riots of 1967 and subsequent democrat administrations looted the city treasury and drove it to third world status. Anybody who could, black and white, voted with their feet and fled the city limits.

Now, that city on the hill has a school system that produces "graduates" who are not ready for higher education or the labor force. Half of them can't even read. That's okay, though, because most of their fellow citizens are also functionally illiterate. They are, however, able to present little plastic government issued and government funded cards to obtain their daily bread. That is about the extent of their abilities.

Welcome to 21st century urban America. The only fix for this problem is a drastic reset. That's a polite way of saying that, in terms of decline, you haven't seen anything yet.

23 posted on 02/16/2014 2:47:22 PM PST by Former Proud Canadian (Cruz/Palin 2016)
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To: livius

“I think that if we get a GOP majority in the Senate in 2014 and preserve our House majority, the US won’t collapse.”

Laughing. That’s EXACTLY when the progressives will want it to collapse then blame Republicans.


24 posted on 02/16/2014 2:51:50 PM PST by ryan71 (The Partisans)
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To: livius

I don’t think “all is lost.” I do think my generation (baby boomers) has not left a good legacy for our children. It will be up to them to have the political will to make saome hard decisions and say “no” to a lot of people who are not accustomed to hearing that word. Including themselves. Whether the next generation can do that or not is a question that only they can answer.


25 posted on 02/16/2014 2:55:24 PM PST by henkster (Communists never negotiate.)
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To: ryan71

They may want the US to collapse under the GOP, but how does that mean they’re going to achieve this? If we leave the “progressives” in charge of the country, on the other hand, it’s certainly going to happen.


26 posted on 02/16/2014 3:19:45 PM PST by livius
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To: reformedliberal

“The USA at the moment does not have a majority that would accept any responsibility for our collapse.”

Yeah, the changeover is gonna suck.


27 posted on 02/16/2014 3:22:38 PM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise. E)
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To: Carbonsteel

Progressive Liberal governments feed their populations on the 7 deadly sins mainly through the “something for nothing/it’s free: ideology. The sheeple buy into the progrom even when the temple is falling on their heads.


28 posted on 02/16/2014 3:35:41 PM PST by fella ("As it was before Noah so shall it be again,")
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To: Carbonsteel

now you know why Obama and Kirchner were laughing it up, taking selfies and playing footsies at Mandela’s funeral. Birds of a feather....America’s future if this a-hole and his corrupt cronies don’t get booted out soon.


29 posted on 02/16/2014 4:03:46 PM PST by albertabound
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To: Carbonsteel
I don't know if the author realized it or not but so much of what he says that went wrong with Argentina applies to the USA today.

To start with "They found that whereas literacy rates stood at 95% in Chicago in 1895". Brings up the question of what is the real literacy rate in todays Chicago? Not some governmental manipulation but the truth. As you go through the article point after point just jumps out.

" Argentina had among the highest rates of primary-school enrolment in the world and among the lowest rates of secondary-school attendance. Primary school was important to create a sense of citizenship, says Axel Rivas of CIPPEC, a think-tank."

" But only the elite needed to be well educated."

"Without a good education system, Argentina struggled to create competitive industries."

"Technological innovation needs not only educated people but access to money."

The comparisons are some what disturbing, they are close but not exact. With the correct leadership perhaps we as a nation can avoid being Argentinized. Read more: http://www.businessinsider.com/the-tragedy-of-argentina-a-century-of-decline-2014-2#ixzz2tXBxwcqI

30 posted on 02/16/2014 4:31:47 PM PST by fella ("As it was before Noah so shall it be again,")
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To: SomeCallMeTim

That works out to 91 dollars, will probably be 19 cents in a few weeks.


31 posted on 02/16/2014 7:04:15 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: Jim Noble

Check out North Korea or Detroit.


32 posted on 02/16/2014 7:05:37 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: alloysteel

At one time, Argentina had the world’s 6th largest economy. Those days are over never to return.


33 posted on 02/16/2014 7:06:35 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: livius

Because once 51% learn they can vote themselves money from the other 49%, IT IS OVER! We are almost there and there is really no way to stop it.

Having a “can do” spirit while you are shackled and watch the liberals burn down your house doesn’t achieve much.


34 posted on 02/16/2014 7:12:52 PM PST by packrat35 (Pelosi is only on loan to the world from Satan. Hopefully he will soon want his baby killer back)
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To: marron

I know exactly what you mean and I agree. I spend a good part of my waking existence struggling with this thought and trying to wrap words around it. It is because God is God that we are to persistently pursue the good, the true, and the beautiful, even when it’s hard and even when we seem to be failing.


35 posted on 02/16/2014 7:40:03 PM PST by Yardstick
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To: Carbonsteel
Well said, you must be enlightened to have a truly capitalistic republic. And, saidly most are too uneducated to know that.
36 posted on 02/18/2014 6:52:27 AM PST by 2001convSVT (Going Galt as fast as I can.)
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