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Comments by "" (@shauncameron8390) on "Argentina Could Have Been a Superpower. Now, It's Falling Apart." video.
@stevenhenry5267 No. American sanctions didn't come until 3 years after Venezuela collapsed due to Chavez destroying whatever diversified economy it had with price controls, government over-regulation and nationalization and free money along with mismanagement of the oil industry. Never mind the oil prices hitting rock-bottom.
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@kevinl8440 No. South Africa is.
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@ishredder4006 <Socialism and planned economy is the only way forward.> If you want stagnation and mediocrity, yeah!
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But Argentina was done in by left-wing corruption.
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And was a refuge for Nazis after WW2.
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No. And not even close.
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Exactly.
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@pinyalevelup02 Maybe not, but it was ran into the ground by socialists. If anything, Argentina is yet another example of why socialists are not be trusted with power.
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No. Argentina was destroyed by Argentina.
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And being a Nazi refuge.
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Its people being those who want endless welfare, economic productivity, viability sustainability be damned!
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Who's they?
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Like Brazil and El Salvador did.
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Elected by an equally corrupt populace.
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@PirateLordRek Yes they do. That corrupt government was elected by an ignorant populace who wanted endless welfare at all costs.
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And populist governance.
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@johnpaul9599 <he true we dont care about that part from history because we descent mostly from europeans> Namely Spaniards and Italians and inherited a lot of their bad habits.
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@SpiritTemple Yet no one's risking death to live in Argentina.
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@anitagorse9204 Portugal is not doing fine. And that's even with help from the rest of the EU.
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@marcoac-sx6lq <Any colony from the anglo saxon world is poor except the US. > Canada, Australia and Singapore just entered the chat.
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And Peru.
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And equally dumb people who vote for them.
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South America would still been a basket case. Bolivar was right about it being dysfunctional without a chance of amounting to much of significance.
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@lucasmachain There's hardly much free-market or liberal about Africa. Plus, Africa is barely a generation removed from kleptocracy and socialism.
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Notice how all the poor countries are plagued with government meddling?
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Who told Argentina to bankrupt itself and run to the IMF for a bailout?
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@hewas_chewasky LOL. Russia was never an economic powerhouse even at the best of times.
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Because those were nothing compared to what Juan Domingo Peron and his legacy did to Argentina.
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Not just any kind of Europeans, but Italians and Nazi Germans.
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@hewas_chewasky Only after they toned it down and adopted free-market capitalist reforms?
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