How To Destroy An Economic Giant

War Thunder is a highly detailed vehicle combat game containing over 2000 playable tanks, aircrafts and ships spanning over 100 years of development. Immerse yourself completely in dynamic battles with an unparalleled combination of realism and approachability.

How Argentina became one of the richest countries on earth, only to lose it all.

– Contents of this video ----------------------------
0:00 A Century of Underachievement
4:11 The Land of Silver
9:29 The Power Vacuum
11:16 The Pampas
14:42 As rich as an Argentine
19:30 The Decline of Liberalism
23:46 The Infamous Decade
27:20 The Rise of Populism
29:49 Isolation & Favoritism
36:31 Dynamic Stagnation
42:25 Fear, Secrecy and Sweet money
49:40 Democracy & Depression
57:33 A Nation Trapped by History

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
THIS CHANNEL IS MADE POSSIBLE WITH THE HELP OF PATREON!

Thank you to the channel's generous Patrons!
Hayden Haun, Emmanuel Fredenrich, Pulaski, A Fan, robin valero
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

– Sources used ---------------------------------------
- A Brief History of Argentina by Jonathan C. Brown
- Why Nations Fail by Daron Acemoglu and James A. Robinson
- The Narrow Corridor by Daron Acemoglu and James A. Robinson

Statistics from:

#Economics #History #Argentina #CasualScholar #EconomicHistory #ArgentinaHistory #WorldsRichestCountry #JavierMilei

[nathanseper]

As one commentator said, Argentina's governments never disappoint in their capacity to disappoint.

[yurisbest]

Take a shot every time the military overthrows the government

[salvadorzorraquin]

Bro I'm from Argentina and I have to say this is a better summary of our history than what we currently get in almost any highschool. Thank you.

[pabloolivero]

Im Argentinenan. I was born in inflation, you merely adopted inflation. I was mold by it, shape by it...

[iandurie]

The Chileans say God created Argentina he made a fertile land with a good climate and abundant riches. The Angels complained that the land was too blessed. To which God replied you have not seen me create the Argentines then!

[balpreetsingh]

There are 4 economies in the world : Developed, Underdeveloped, Japan and Argentina.

[josron]

Amazing. Decades doing the same thing over and over again. WTF ???.

[Shadowgunner]

I have watched many videos talking about argentinas story of going from riches to rags and trying to compare them to my experience living in Argentina and the history I learned in school there. All I have to say is this video not only met my expectations but exceeded them 10 times over. It explained history going back to the colonial era which no one does, it went into vast details about how powerful the elites of Argentina were no matter how many times power switched hands, and it even explained so many factors that my argentine professors ignored when I was there.

This is by far the best video on Argentina's economic woes I've ever watched.

[psychesoap]

Moral of the story: DO NOT call any country or city the 'Paris' of ANYTHING. You did that to Hanoi, Beruit, and now Buenos Aires and look at what happened afterwards. NOT COOL and have you seen the actual Paris anyway?

[DroZzhat]

I have zero interest in Argentina, and I have no idea why I watched this, but I did, start to finish. Great video!

[DCFunBud]

What a Herculean task to tell Argentine history in one video!

[kevinmiles]

You've done a great job summarising the history of Argentina, far surpassing more popular channels and even news outlets. As an Argentinian, I wish to recognize your effort in researching the history of the country in order to produce an accurate explanation of the events that got us to this point.

[gavinritz]

Argentina has a bottleneck that it can’t escape from. High dependency on few resources controlled by few, with high levels of corruption. Ultimately a successful economy must be diversified, easy to form businesses, the backbone of a successful economy and fair taxation not corrupted. The governments job is to facilitate this commercial situation with infrastructure, education, and sound financial systems and supporting many industrial sectors. It remains to be seen if they can get off their mental drugged state, which impacts their power structures and everything else.

[juancruzmarques]

The most accurate historical take on Argentine history there is on YouTube at the moment and for a long time if not for ever. Great video! Met my expectations and surpassed them many times over.

[whowhy]

Starting a war with Thatcher 😂😂😂
The ultimate case of mistaken identity… 😂

[alexlents]

I was beginning to wonder why you hadn’t uploaded in several months, and that when you did finally did upload again, the video being over an hour would mean it had a lot of padding, but now I understand. Mfg what a messy story! I already had a basic understanding of many of the really big events over the last century, like the unbelievable success up until the Great Depression, Peron and the extreme instability, the antics of the 1976-1983 dictatorship, Alfonsi and the return to democracy/political stability, and a little bit about the crisis of the last few years, but as usual, you put it and much more all together to paint a picture I hadn’t really considered before. Very well done!

[kevinsmith]

Excellent video. Corruption as a way of life leads to the problems Argentina has. Happens in every country where those in power use their power to steal from the populace. Bribery as standard practice, theft of state owned assets, theft from the populace, violent oppression of anyone who stands in the way of the criminal elite:- the elite of a criminal society can look rich and successful while the base of the real economy is being destroyed.

Note: The theft of state assets is often disguised through layering and placement similar to money laundering, eg "great deals" for buyers of public assets with kickbacks to the politicians who are being used as front men. The violent oppression is often presented as law enforcement. When not done directly at gunpoint, the theft from individuals can be disguised as economic misfortune, emergency taxes, punishment for crimes, or confiscation of assets alleged to have been associated with the commission of a crime etc.

[Stanislaw-of]

I kinda disagree with the summery. The prevalent issue I've noticed throughout was corruption. No matter who implemented what strategy it all ended with people in power embezzling money. No wonder none of it worked. It's not the issue of policy. If the new guy continues the trend, nothing will change.

[danieldale]

Thank you for an explination that doesen't start & stop with Eva Peron.

[pikejuan]

shits and giggles aside, this is EXACTLY what is currently happening here in South Africa. There are a few things that have not happened yet, but they are definitely on the way. It is elections next month, and for the first time since the last elections - have been no rolling power cuts in the last 10 days.