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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 ...

TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
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I've heard more than a few member on this site state that we should sit back and let states like California or even the entire country collapse to "teach Liberals a lesson".

I submit to you that Liberals are incapable of turning away from their big fat bloated government policies and big spending monetary malfeasance. All you have to do is look at places like Detroit here in America or even to other nations like Hungary or Argentina, where Liberal Progressive policies have decimated the economies and destroyed entire societies. The people that live in the places where the collapses have occurred turned right back to the same corrupt, dishonest, big spending statist and Progressive Liberals even after they've lost everything.

I think the best example of this is Argentina!!

1 posted on 02/16/2014 12:15:52 PM PST by Carbonsteel
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To: Carbonsteel

“Let it collapse” may make the Keyboard Kommandos here feel good, but it does nothing to help either that country or the US in the long run. Germany collapsed, and that’s how Hitler took over.

2 posted on 02/16/2014 12:29:23 PM PST by livius
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To: Carbonsteel

I made the big mistake on my most recent visit of heading back to the airport with >700 pesos in my pocket. Couldn’t exchange them.. so, I’m STUCK with them till my next visit.... I hope they still have SOME value by then.

3 posted on 02/16/2014 12:32:30 PM PST by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them!)
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To: livius

Right now we seem pretty helpless to prevent the eventual collapse. With 100% of the RATs..and a good portion of the GOP wanting even more Govt spending..we are doomed. We just failed to get one red penny of reduction in exchange for another year of no debt limits. So what are the prospects of any real budget control? Zero..even if we capture the Senate..we won’t be able to over ride Zero’s veto and he will accuse Congress of shuting down govt.
Then we get Hillary...with or without Congress.

4 posted on 02/16/2014 12:35:21 PM PST by Oldexpat
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To: Carbonsteel

Liberals are inherently incapable of ever “learning a lesson”. The only skills they ever hone to a very high level of sharpness is shifting the blame elsewhere, no matter how implausible that rationale may be.

That the “protected classes” they represent manage to do well in the zero-sum game they depict the world as being, is the whole reason for their satisfaction with their agenda. The “bad people”, i.e., the producers, are severely chastised for trying to be “too stuck-up” for everybody else, and getting rich is an “unfair advantage”.

Argentina, at one time, had a great potential for being a leading world power, and in fact, their per-capita national product probably was as great or greater than that of the United States of America at the time, probably about 1906 or so. But Progressivism is a disease that knows no national boundaries, and its fever shook Argentina to its very foundations, and it its worst, led to Eva Peron and total decimation of whatever stores of national treasure they ever possessed.

The parallels of the collapse of Argentina to the collapse of California are too eerie to ignore or dismiss.

5 posted on 02/16/2014 12:39:13 PM PST by alloysteel (Obamacare - Death and Taxes now available online. One-stop shopping at its best!)
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To: Carbonsteel

Just like the citizens of Philly, Newark, Chicago, Camden, Cleveland, Detroit, Buffalo, etc.

No matter how bad and corrupt the people in power are (democrats)...

No how much they have ruined and bankrupted the great cities of America (democrats)...

The keep get re-elected. In fact, they rarely (if ever) lose elections. The citizens keeping wanting more of failure and destitution.

So f*ck them.

6 posted on 02/16/2014 12:41:02 PM PST by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Carbonsteel
No collapse is forever

7 posted on 02/16/2014 12:42:53 PM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise. E)
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To: 2banana
Just like the citizens of Philly, Newark, Chicago, Camden, Cleveland, Detroit, Buffalo, etc.

Kind of. But it wasn't just an urban thing in Argentina. The countryside was the same way.

8 posted on 02/16/2014 12:45:16 PM PST by x
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To: Oldexpat

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

That is, I don’t think the GOP has any great ideas, but at least they wouldn’t be supporting the bizarre universalist, populist plans of the Great Divider.

However, that means they’ve got to get elected, and without a plan and a positive approach, they haven’t got a chance.

People want to know how they’re going to get jobs again, whether they should buy property, whether things are going up or on the downhill slide. We need to tell them how we’re going to revitalize the economy...not through wasted “stimulus” largesse to mega-companies who have been attached to the government teat for a long time now, but through regulatory simplification, lower taxes and similar things that promote companies large and small.

9 posted on 02/16/2014 12:47:16 PM PST by livius
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To: Carbonsteel

You are most likely right. A rare example to the contrary might be that of British Tories writing off the American colonies in the 1780s, no doubt some thinking that the colonists ought to be left to their own devices, to teach them a lesson. That turned out well, then. The outcome would be very, very different today, however, if that viewpoint prevailed and large parts of America were surrendered to the mind-disease of progressivism. The inheritors would not have the same constructive intentions as our own Founders, but would bring to any new political project the mentality of the rapist and the looter, for decades to come.

10 posted on 02/16/2014 12:48:35 PM PST by TimSkalaBim
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To: Carbonsteel

Lot’s of yackety-yack in the article. Almost nothing about about utterly corrupt, socialistic governments and fatally destructive monetary policy. I bet if you overlaid a chart of relative inflation of the peso over the GDP growth chart, there’d be a perfect correlation. Really, no other explanations besides the two I mention are necessary. The rest is all just academic BS.

11 posted on 02/16/2014 12:57:33 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: livius

If the GOP wins the Senate in 2014 it merely slows the countdown to the day of reckoning. I only hope it delays it enough so that it doesn’t happen in my lifetime.

12 posted on 02/16/2014 1:07:04 PM PST by henkster (Communists never negotiate.)
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13 posted on 02/16/2014 1:11:28 PM PST by RedMDer (Happy with this, America? Make your voices heard. 2014 is just around the corner. ~ Sarah Palin)
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To: henkster

I hope it never happens. Why should it? Why be a pessimist?

The US was not built by pessimists, and it has not survived to this day through negativity. We always had a “can-do” attitude, but now, particularly among conservatives, it’s fashionable to throw up one’s hands and say there’s nothing we can do and “they” deserve it anyway.

Who’s “they”...? Somebody other than us and our children and grandchildren?

Sorry, I’m not going for the “all is lost” meme.

14 posted on 02/16/2014 1:58:05 PM PST by livius
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To: livius
If Republicans had the Senate, and McConnell was in charge, wouldn't they still surrender to Obama? All he has to do to get them to give him what he wants is to threaten to shut the government down. If we get the Senate, he can still do that.

It may be a good start, but unless we elect conservatives who put some backbone in the Congress, and who know how to say no, and get a conservative in the White House in 2016, then we are pretty much done. There's only so much the system can take, and at some point, there's no going back.

15 posted on 02/16/2014 2:07:06 PM PST by Defiant (Let the Tea Party win, and we will declare peace on the American people and go home.)
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To: livius
The US was not built by pessimists

That is exactly to the point.

And it wasn't built by people who were expecting someone else to do it for them and provide it to them.

There are philosophies that build, and philosophies that feed without replacing. At some level I see it as a God thing, not a religion thing but a God thing. Put your faith in God and build. Put your faith in kings and wait for a train that never comes.

Don't know if I'm making sense. Its just something that keeps coming back to me. We fight on a political battlefield but the problem goes deeper and the weapons must also go deeper. This is still part of our culture as it has always been; we're a remnant but you're right, we're still out here. Still doing what we do. We just need to keep doing it and keep looking up. Our neighbors may have settled for a mess of pottage as they say, but maybe they'll be prepared to listen now.

16 posted on 02/16/2014 2:24:32 PM PST by marron
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To: Jim Noble

The Germans were made to rebuild their country themselves. They did so. They were told tht they were complicit. The USA at the moment does not have a majority that would accept any responsibility for our collapse.

17 posted on 02/16/2014 2:26:42 PM PST by reformedliberal
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To: marron

“And it wasn’t ...”

I remember that country. I grew up there. It has changed.

18 posted on 02/16/2014 2:28:32 PM PST by aMorePerfectUnion
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To: Carbonsteel

What is mentioned in the first few words of this article? The PESO!

Allow socialist/progressive politicians to debauch a currency for political ends, and this will always be the result.

In the USA, we have the Federal Reserve, which is the foundation of progressive government in the USA. Although it may take longer, we are on the same path as Argentina. Study Argentina’s society, economy and politics and you will see many similarities with the USA.

19 posted on 02/16/2014 2:28:40 PM PST by PGR88
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To: catnipman
"Lot’s of yackety-yack in the article. Almost nothing about about utterly corrupt, socialistic governments and fatally destructive monetary policy."

That's exactly my point. The best example of failed socialism in the last 50 years and author avoids the primary reason for the nations collapse like the plague and the nation is now on the path for a repeat of past mistakes!

20 posted on 02/16/2014 2:32:55 PM PST by Carbonsteel
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