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To: SeekAndFind

The average Argentine has his knickers in a perpetual wad over the IMF and demands that the country repay the international banks for years of credit extended to an irresponsible government.

That government in turn has scapegoated the IMF and the banks as the boogey men, which most average people have swallowed hook, line and sinker. Hence His Holiness, like most of his countrymen, sees something evil and sinister in the existing world economic order.


4 posted on 12/02/2013 7:51:33 AM PST by Buckeye McFrog
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To: Buckeye McFrog

In 1900 Argentina was considerably more prosperous than Canada or Oz, #10 in per capita GDP.

They were at 80% of the USA pc/GDP. Today they’re a little over 30%.

http://en.wikipedia.org/wiki/File:GDP_per_capita_of_Argentina,_percent_of_US_(1900-2008).png


26 posted on 12/02/2013 8:35:13 AM PST by Sherman Logan
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