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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
KEYWORDS:
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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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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