Argentina is one of the whitest countries and therefore we can’t say Negros wanaharibu mambo huko. Also Nazis fled there and it’s possible they got that German admixture so they are exactly low IQ. During the start of last century, they were among the richest countries and in high school Geography, we use to read about “Beef Farming in Argentina”. Also they are the first country to move from first world to third world. What happened? @Sambamba@Ndindu@Akon City II
That’s what liberalism does to a country. Walianza climate change agenda, ESG, sanctions on Russia, brutal covid lockdowns and the results are what you see
Heavily in debt. At one time they took a $50b Eurobond that could not pay. They also tried using a dollar as their currency. Problem is, during that time they decreased their local production. And since pegged to a dollar, could not place any fiscal adjustments. So their economy collapsed.
The chief economists adivising the Argentinian government economists were Ndii’s classmates pale Oxford. Shall we see a divergent or a divergent of the economic outcome?
Despite its mind-boggling natural resources, Argentina has never been stable politically, culturally and socially. A country of contrasts over decades: military coups & juntas, hubris, diversions, racism, hero worship like Evita Peron. A country which has refused to outgrow adolescence.