Posted on 02/16/2014 4:50:38 PM PST by Kartographer
Why dwell on a single national tragedy? When people consider the worst that could happen to their country, they think of totalitarianism. Given communisms failure, that fate no longer seems likely. If Indonesia were to boil over, its citizens would hardly turn to North Korea as a model; the governments in Madrid or Athens are not citing Lenin as the answer to their euro travails. The real danger is inadvertently becoming the Argentina of the 21st century. Slipping casually into steady decline would not be hard. Extremism is not a necessary ingredient, at least not much of it: weak institutions, nativist politicians, lazy dependence on a few assets and a persistent refusal to confront reality will do the trick.
(Excerpt) Read more at economist.com ...
http://www.freerepublic.com/focus/f-bloggers/3123700/posts
Preppers’ PING!!
Stash yer cash...electronic money evaporates when the SHTF!
Argentina has bountiful resources and a politically simplistic population.
Amazing how American media has been silent.
And I can testify that even on their worst day they remain simplistic.
The Economist ignores the question of misleadership...or should we call it malleadership...or just plain popularism. Is the US on the road to Peronism?
No question the US has a near majority of low information voters, but they are just pervasively stupid and vapid in Argentina.
“A persistent refusal to confront reality”
Sounds like our problem to the hilt. It cannot be allowed to happen, as it almost invariably shows Leftist ideas to be terrible. So a Big Lie like “we didn’t do enough Stimulus” is fed to the sheeple, and after a time, many believe it.
This won’t end well . . .
Well at least they can fill the soccer stadiums with enthusiastic fans .... abet starving, jobless, etc. but fans none the less.
“a bankrupted country”...
So just how is Soros involved there?
The real danger is not following the ideology of Marx, but of Keynes.
5.56mm
This is of course anecdotal but there is an amazing difference between the way the average citizen of Chile conducts him/her self and the way the average citizen of Argentina conducts him/her self. The former more often than not understands the basic tenets and merits of capitalism. Do your own experiment.
The Progressives are calling it ‘Democratic Economic Populism’.
Sadly it’s what they asked for.
I think that since this decline has been ongoing for 10+ years (since Argentina defaulted on its debt), the American media figures the average voter doesn’t have the attention span for any explanation of the situation.
“The Argentines remain perhaps the best-looking people on the planet.”
I will read the whole piece later, but I had to comment on this, which seems to me profoundly false. I’ve only known a couple of people from Argentine, and they were just OK looking. Are there even any famous actors or actresses from there?
I find many types of people attractive, but for Latin Americans nobody beats the Cubans for looks, imho.
Ay-Zee-Ans
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.