How Did Argentina Become the Richest Country in the World?

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  • เผยแพร่เมื่อ 10 ธ.ค. 2022
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    #Argentina has become a country addicted to crises. A country closed to the world and in decline that keeps losing positions in the global economic ranking. However, this was not always the case. It may be surprising, but the truth is that there was a time when Argentina was one of the wealthiest countries in the world. It even became the richest of all. There was a time when, for Europeans, the Argentine dream was equivalent to the #AmericanDream. In this video we tell you the story of how Argentina became one of the world's greatest economic success stories.

ความคิดเห็น • 330

  • @VisualPolitikEN
    @VisualPolitikEN  ปีที่แล้ว +14

    🔍 Have you checked out our new channel, VisualEconomik? th-cam.com/video/_aj8XB76kKA/w-d-xo.html

    • @FlamingBasketballClub
      @FlamingBasketballClub ปีที่แล้ว

      Y'all love Argentina and China 🤣

    • @ExaltedPlayz
      @ExaltedPlayz ปีที่แล้ว +2

      Bs video.. Argentina is no way near the richest

    • @MarieWest-tbic
      @MarieWest-tbic ปีที่แล้ว

      Subscribed just now and hit the bell!

    • @zombiekilldemon
      @zombiekilldemon ปีที่แล้ว

      This title is a lie. The idea that Argentina was "rich" is just a modern day narrative to push economic and social policies of elites. It is no different than the Lost Cause myth. Foreigners mainly white ones were rich. While natives and legacy civilians that were not connected to the ruling class were poorer and exploited with no worker rights. Starting off with your native population as poor to then importing a bunch of white Europeans while setting up trade deals that only benefits white elite and foreigners while other parts of the population starve doesn't make you "rich" it makes you a colony. The same logic used here to say why they were rich could be used to say India was the richest nation under the British which would be absurd.

    • @mythicalmining7999
      @mythicalmining7999 ปีที่แล้ว +1

      have you checked out your teeth?

  • @jantschierschky3461
    @jantschierschky3461 ปีที่แล้ว +121

    I was in Argentina about 20 years ago, especially in Buenos Aires it's very obvious it use to be a very wealthy country. Architecture, infrastructure etc, but it's also very evident that it was early 20th century. It's also reflected in the culture. Well politics can screw up good places very fast.

    • @jamesprice4647
      @jamesprice4647 ปีที่แล้ว +8

      Like in the UK.

    • @Tespri
      @Tespri ปีที่แล้ว +3

      @@jamesprice4647 what about UK?

    • @qjtvaddict
      @qjtvaddict ปีที่แล้ว

      @@Tespri screwed up by corruption from the Congo to the USA and Argentina now UK

    • @j4genius961
      @j4genius961 ปีที่แล้ว +3

      @@Tespri Haven't you watched the news? It's going down the drain

    • @Tespri
      @Tespri ปีที่แล้ว

      @@j4genius961 Not really

  • @radostinkanev8765
    @radostinkanev8765 ปีที่แล้ว +36

    My country Bulgaria is very similar to Argentina, in the beginning of the 20th century Bulgaria was one of the fastest developing countries in the world. But today both countries are in crises almost all the time and there is one main reason: corruption

    • @BongoFerno
      @BongoFerno ปีที่แล้ว +14

      The main reason is socialism.
      Corruption is just an effect of socialism

    • @deeptoot1453
      @deeptoot1453 4 หลายเดือนก่อน

      Sorry to hear friend. Argentina was different though. It kne point it was the wealthiest country on the planet, highly sophisticated with great institutions. One of the world's most spoken languages and a great climate suitable for agriculture with abundant resources. Socialist policies combined with a sort of aristocracy/elitism absolutely destroyed the country. Add in some corruption and you have an absolute recipe for disaster. I hope Milei can fix the mess that is Argentina.

  • @williamalfonso1373
    @williamalfonso1373 ปีที่แล้ว +99

    At this point, with all the previous videos, we all know we can blame Peronism. But The Argentine citizens keep voting candidates that promote it. So no, at the current trend it will not be as wealthy as before.

    • @JM-qb2kd
      @JM-qb2kd ปีที่แล้ว

      The parties of handouts are always popular. The west has countless examples

    • @Etendard1708
      @Etendard1708 ปีที่แล้ว +2

      Peronism.. then Leopoldo Galtieri's junta rule.. it destroyed Argentina's economic foundations..

    • @williamalfonso1373
      @williamalfonso1373 ปีที่แล้ว +1

      @@Etendard1708 and then back to Peronism with Nestor / Cristina Kirchner now again with Alberto Fernandez.

    • @karankapoor2701
      @karankapoor2701 ปีที่แล้ว +1

      @@williamalfonso1373 is there a capitalist party in Argentina

    • @xehpuk
      @xehpuk ปีที่แล้ว

      @@karankapoor2701 I don't know if there is a capitalist party, few wish to call themselves that. Personally I think what matters is "rule of law".

  • @arcanios806
    @arcanios806 ปีที่แล้ว +64

    Well, semi-dictatorship and military dictatorship from 1945 to 1982 damaged the country massively. The damage still isn't repaired. But of course, someday Argentina will be a proud and wealthy republic and demcoracy again.

    • @user-ct3qm8wk7j
      @user-ct3qm8wk7j ปีที่แล้ว +3

      keep dreaming

    • @Maroon33
      @Maroon33 ปีที่แล้ว +1

      They don’t deserve it. Stupid arrogant crazy people

    • @The_InfantMalePollockFrancis
      @The_InfantMalePollockFrancis ปีที่แล้ว

      Yeah, and that only happened because another ideology was looking to destroy the wealth ;)

    • @arcanios806
      @arcanios806 ปีที่แล้ว +5

      @@user-ct3qm8wk7j Of course!

    • @arcanios806
      @arcanios806 ปีที่แล้ว

      @@Maroon33 Everyone deserves it. Even you

  • @christopher756
    @christopher756 ปีที่แล้ว +40

    Currently visiting Buenos Aires right now. It’s weird because I know their economy isn’t hot, but the people here like to go out, spend money, and have a good time. Restaurants are filled to capacity and people go out til like 2am on the regular. But somehow they live on $500 month salary - it’s wild.

    • @Pyrochemik007
      @Pyrochemik007 ปีที่แล้ว +10

      The food is made by people with the same salary...

    • @scottlaux6934
      @scottlaux6934 ปีที่แล้ว +12

      Inflation is 100% a year. As soon as you have money you spend it. Plus food is 1/4 of what it costs in the US and tips are not the norm.

    • @jantschierschky3461
      @jantschierschky3461 ปีที่แล้ว +5

      The culture is still very early 20th European, you fake it. In Argentina perception is everything.

    • @Wahrheit_
      @Wahrheit_ 9 หลายเดือนก่อน

      Because nobody earns 500 a month there, the *city* of Buenos Aires has high salaries in comparison to the rest of the country, and yeah things are cheap

  • @ClannCholmain
    @ClannCholmain ปีที่แล้ว +111

    Argentina began the 20th century as one of the wealthiest places on the planet. In 1913, it was richer than France or Germany.
    Until the 1930s, the French used the phrase ‘riche comme un Argentin’ or ‘rich as an Argentine’ to mock the foolishly rich or, Argentine Exceptionalism.

    • @artman12
      @artman12 ปีที่แล้ว +6

      “Argent” is the French word for money

    • @ClannCholmain
      @ClannCholmain ปีที่แล้ว +3

      @@artman12 airgead is the Gaelic one, from Old Norse, eyrir.

    • @j4genius961
      @j4genius961 ปีที่แล้ว +2

      @@artman12 Yeah, but "Argentin(e)" is someone from Argentina, it has nothing to do with money

    • @yodorob
      @yodorob ปีที่แล้ว +1

      @@artman12 And also "silver".

  • @ivogalabov1973
    @ivogalabov1973 ปีที่แล้ว +10

    Argentina has a great potential to be a rich country!

  • @joemurphy791
    @joemurphy791 ปีที่แล้ว +22

    Isn't this that same country that defaulted three times already in the last 2 decades?

  • @Carla369
    @Carla369 ปีที่แล้ว +21

    I am
    Argentinian and lived in Mar del
    Plata and Buenos Aires. I moved to Dublin and also living in Berlin. For sure Buenos Aires is one of the best cities to live in.

    • @abdiellawrence397
      @abdiellawrence397 ปีที่แล้ว +2

      How is the public transportation in Buenos Aires? I'm thinking of going in March.

    • @luciano2003.
      @luciano2003. 11 หลายเดือนก่อน +1

      Ahora estás en Berlín? Suerte y éxito.

  • @amanzaildar199015
    @amanzaildar199015 ปีที่แล้ว +11

    I visit buenos aries last week. Its infrastructure looks like developed country. Wish they recover from economy crisis soon

    • @lindafukuyu5767
      @lindafukuyu5767 ปีที่แล้ว +3

      You know why? Because now they work closely with China who helps Argentina develop the infrastructure. Wait for Cuba, it will be a developed country pretty soon as they're working together and ask China's help to build their infrastructure.

    • @yesteryear
      @yesteryear ปีที่แล้ว

      @@lindafukuyu5767 thsts good, but i think china and the rest of asia finna go into a recession next year and the world by 2024/5 if we bein honest. china’s housin bubble finna bust and they foreign minister ssid they hsd 80~ days of oil left supposedly. japan’s goin bankrupt n refuses to stop it, europe leakn due to warin ukraine and da federal reserve just increased interest rates. sum is brewing.

    • @GeroG3N
      @GeroG3N ปีที่แล้ว +1

      @@lindafukuyu5767 Buenos Aires infraestructure has nothing to do with China.

    • @Wahrheit_
      @Wahrheit_ 9 หลายเดือนก่อน

      ​@@lindafukuyu5767Our infrastructure is European Parisian based, it has nothing to do with china, the infrastructure today doesn't compare at all to that of several decades ago, which was much more traditional and classic, but they're slowly destroying it, China has no say in our infrastructure because they're a completely different culture

  • @johnreton696
    @johnreton696 ปีที่แล้ว +21

    Argentina have a massive land like the usa and with manageable population its really easy for them to become developed country. Unlike Japan or Korea with very small land with no natural resources maybe culture play a role on the faith of the country. Latin Americans knows for being a bit relax all the time and always late unlike east asians who work really hard and diligently. And the politics there is so corrupt

    • @vvventure
      @vvventure ปีที่แล้ว +3

      In argentina is not lazyness. I live in Europe as an argentinian and I dont feel they work more than us, in any case, given the economy in argentina, people that want to keep up with its standard of living work way more than in a developed country. Argentina poverty is because of lack of capital, arg is outside the global markets and failed to integrate in the system often. Blame the politicians. As scoiety we fail to overcome inner conflicts, we are too divided and for a reason.

    • @luciano2003.
      @luciano2003. 11 หลายเดือนก่อน +1

      ​@@vvventureSí que hay pereza, millones de personas viviendo de planes sociales que te cortan la 9 de Julio sin pedir trabajo.

    • @didforlove
      @didforlove 10 หลายเดือนก่อน

      @@vvventure argentina will always be a poor country

    • @leandrogabrielsalviagarram9224
      @leandrogabrielsalviagarram9224 8 หลายเดือนก่อน

      The main issues are that we're very used to an eternal welfare state in which the state gives you education health for free, social plans, now travelling plan, plans for having a child, a lot of people working for the state, amd a lot more aiming to work there instead of the private sector which doesn't grow statistically since 2011 i mean we have such a huge state and people love those candidates who believe in strong state invertiona and tehrefore stop the private sector (small and big companies) from expanding, getting richer and then we have a small industry which copes with too many taxes, very strong labor regulations which can actually take companies to bankruptcy and that discourages investment, another issue is that we don't trust our banking system since 2001 Corralito, and that means Argentina offers little or no financial security neither do we trust our currency which has changed several times through the years and all have been eventually highly devalued, rich and middle class tend to buy dollars including my family , so we've a semi-dollarized economy which is very difficult to fix, so there are a lot of structural problems; so every time a liberal candidate wants to change this we have lots of union members making protest, unions that are controlled by Kirchnerism i mean we are too used to this structure and we're afraid to change. Another issue is that our politicians from almost all ideologies are one of the most corrupted in the world, have a look at Kirchnerism, Macri's panama papers, etc.
      Furthermore, we have a very closedminded and arrogant culture in whinch we tend to see the superpowers that could be our free trade allies as our enemies because of The Malvinas War, the invasion in 1807 and 1806, the UK, the Condor Plan,the US, and those beliefs and the socialist ideas are used to indoctrinate students in school especially in history classes. Moreover, we have a culture that tend not to respect the law, i couldn't name one president that fully respected the law, it's a problem we've had for centuries. Another issue is that the Justice system is also contaminated by politics ideology. Most of our politicians have robbed but very few of them end up in prison. However i believe and hope that Milei is turning it all around, most of his voters are the young, and they're the future, and we're heading to a new hyperinflation, so i believe these factors will make our people make a change so there seems to be a light at the end of the tunnel. I hope people are patient enough to wait for the changes long term

  • @egg174
    @egg174 ปีที่แล้ว +81

    MAGA - Make Argentina Great Again

    • @artycuen3572
      @artycuen3572 ปีที่แล้ว

      Yeah, why not.🎉

    • @parptot
      @parptot 4 หลายเดือนก่อน

      hell yeah bro

  • @jaydenclowers2616
    @jaydenclowers2616 ปีที่แล้ว +25

    Argentina can become a economic success, they need a change in leadership. Argentina needs a leadership that will change how it works socially as well as econmically.

    • @SP95
      @SP95 ปีที่แล้ว

      This is called liberalism but hated by red communist thieves

    • @RS-ls7mm
      @RS-ls7mm ปีที่แล้ว +1

      People say that a lot but somehow the leaders seem to reflect the local culture. It looks like when Argentina got rich they still held on to their hard working European culture. That seems to be gone. Basically the same in the US.

  • @Melbnolan
    @Melbnolan ปีที่แล้ว +24

    I love visiting Argentina…..Buenos Aires is one of my favourite cities.

  • @76luislara
    @76luislara ปีที่แล้ว +9

    Cuba was very wealthy in the 40's and 50's too.

  • @Ryan-lx6oh
    @Ryan-lx6oh ปีที่แล้ว +66

    I hope they do! I've done a bit of traveling through South America and people from Argentina are fun as hell! It's funny how you compared Argentina to Australia because in my experience we are very similar especially considering the language barrier. (I am from Australia)
    I wish nothing but the best for Argentina and her beautiful people! (They are fun loven people that know how to party!)

    • @Mario_With_a_D
      @Mario_With_a_D ปีที่แล้ว +4

      Argentina winning World Cup just showed the world today how good Argentinian are to party 🎉 xD they are crazy 😜

    • @Ryan-lx6oh
      @Ryan-lx6oh ปีที่แล้ว +3

      @@Mario_With_a_D Dude I wish I was in Argentina now! Yeah it's great to see them win!!!

    • @Poposo123
      @Poposo123 ปีที่แล้ว +1

      @@Ryan-lx6oh muchas gracias ahora se viene hiperinflación pero gracias, ¿allá en Australia se come 3 veces al día?

    • @luciano2003.
      @luciano2003. 11 หลายเดือนก่อน

      I love Tasmania! 🇦🇷💙

    • @Wahrheit_
      @Wahrheit_ 9 หลายเดือนก่อน +1

      ​@@Poposo123Argentina has to feed 400 million people, food isn't the problem, it's the issue of prices

  • @pd1648
    @pd1648 ปีที่แล้ว +7

    The British were the main investors and brought technology and knowledge to manage cattle, even the first train was made in Sheffield! Odd video to miss this out

  • @ahmetben8812
    @ahmetben8812 ปีที่แล้ว +5

    Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times.

  • @fareedezzedeen8017
    @fareedezzedeen8017 ปีที่แล้ว +5

    I had to slow down the voice to fully understand this important content.

  • @M-J-qn8td
    @M-J-qn8td ปีที่แล้ว +52

    Argentina shared a weakness with Canada and Australia: being very dependant on a single economic partner: UK for instance. They lost this partner during WWII, like Australia (Canada already had a new partner being thé USA after WWI), and it never won a new one unlike Australia that won USA as a partner and later Japan and later China. Also, unlike Australia and Canada, Argentina is not energy self sufficiant. And this later weakness certaine contribuer a bit To one last weakness: a relatively weak industry. Certainly, with better institutions and stability Argentina could fare better, but considering the weaknesses I cited I dont expect it ever becoming an economic giant again in the future even tough I certainly wish it a lot.

    • @reddixiecrat
      @reddixiecrat ปีที่แล้ว +11

      True. Argentina was overly reliant on agricultural exports. They never really industrialized.

    • @ihl0700677525
      @ihl0700677525 ปีที่แล้ว +11

      Argentina should be able to fare much better. IIRC Argentina possesses plenty of coal deposits (at least enough for domestic consumption) and high potential for green energy (e.g. windy southern region).
      But even if she really can not compete against Canada or Australia, Argentina should be able to at leaet compete with *New Zealand,* which share similar outlook and "weaknesses".
      There's no clear reason why New Zealand, which is a small country heavily dependent on agroindustry, right next to Australia, which is another agroindustry giant (i.e. a rival in international market), could become such stable and prosperous country while Argentina keep stumbling.
      Argentina also possess many advantages compared to Canada, Australia, and NZ, like geopolitical security (i.e. growing animosity between China and Canada/Australia), easy access to the growing market in South America and Africa, and also cheaper cost of labor.
      IMO main problem with many Latin American countries is "Socialism" (i.e. big inefficient bureaucracy run by inept central planners) and *corruption.*
      If Argentina could streamline its bureaucracy, reduce corruption, and adopt more *business friendly regulations,* she'll once again become a wealthy and stable nation.

    • @fosterslover
      @fosterslover ปีที่แล้ว +2

      Cheap energy is the key to wealth post-industrial revolution. The UK had coal and the US had oil.

    • @ihl0700677525
      @ihl0700677525 ปีที่แล้ว +1

      @@fosterslover Not the case with Japan and Taiwan.

    • @fosterslover
      @fosterslover ปีที่แล้ว

      ​@@ihl0700677525 Yeah, those are 2 pretty big exceptions. So much for my theory lol

  • @freetolook3727
    @freetolook3727 ปีที่แล้ว +14

    It's amazing that, with all their mismanagement and chronic inflation, they continue to thrive as well as they have.

  • @MarieWest-tbic
    @MarieWest-tbic ปีที่แล้ว +16

    Always learn alot from the content you put out! Thank you!

  • @AS-yg5dt
    @AS-yg5dt ปีที่แล้ว

    Awesome, instructive vid - thanks 🙏🏽

  • @gregoryferraro7379
    @gregoryferraro7379 ปีที่แล้ว +13

    Don't cry for Argentina. The truth is, potential never left it.

    • @mdjey2
      @mdjey2 ปีที่แล้ว +1

      Truth is, they never had a potential. At least according to CaspianReport.

    • @shzarmai
      @shzarmai ปีที่แล้ว +2

      @@mdjey2 how did Argentina never had economic potential?

  • @michaelborror4399
    @michaelborror4399 ปีที่แล้ว +11

    They could invest in the development of neighboring countries and increase import/export relationships along the ports and extensive rail networks?

    • @hkchan1339
      @hkchan1339 ปีที่แล้ว +5

      They all export similar things, what they need is a major trading partner to export things they are unique at producing. Look at Japan, Korea and Taiwan, a strong industry sector and they got rich by exporting consumer goods to USA and Europe.

    • @antibosteriodismo5184
      @antibosteriodismo5184 10 หลายเดือนก่อน +1

      El presidente menem saco las vias ferrobiarios

  • @futbalverse007
    @futbalverse007 ปีที่แล้ว +10

    Political instability. 😢. Argentina football is so rich and great.

    • @johnmasterman
      @johnmasterman ปีที่แล้ว

      You have England to thank for that 😊

  • @Demcatszzzzs
    @Demcatszzzzs ปีที่แล้ว +8

    It needs to decide on some sort economic policies, and stick with for more than a decade (only way)

  • @76luislara
    @76luislara ปีที่แล้ว +3

    Excellent Video. You should do one about Venezuela.

  • @SportsIncorporated
    @SportsIncorporated ปีที่แล้ว +9

    The underlying will eventually prevail over the government. Governments come and go, the land pretty much stays the same.

  • @JerkerMontelius
    @JerkerMontelius ปีที่แล้ว +2

    Please do a special about the current events in Peru.

  • @Ephsy
    @Ephsy ปีที่แล้ว +4

    Note: it's Bartolomé Mitre, not Mite.

  • @sandlemaker69t
    @sandlemaker69t ปีที่แล้ว +2

    Glory to Argentina!

  • @taudom8317
    @taudom8317 ปีที่แล้ว +15

    Argentina printing money and then Pikachu face when they print there economy away

    • @888ssss
      @888ssss ปีที่แล้ว +1

      like the entire west then ?

    • @rho992
      @rho992 ปีที่แล้ว +1

      US also does the same, the only difference is that its currency is used as reserve currency so they export the inflation.. US literally 4x ed their currency during covid

    • @cardenova
      @cardenova ปีที่แล้ว

      And the IMF handing out loans like candy. It’s 17th loan (which the predatory IMF loan knows it can’t repay). Their most recent loan was the largest in all of IMF history!

  • @badluck5647
    @badluck5647 ปีที่แล้ว +1

    Someone needs to have a running count of Argentina videos

  • @azulnanni3602
    @azulnanni3602 ปีที่แล้ว +5

    Perón... that's what happened

  • @davocc2405
    @davocc2405 ปีที่แล้ว

    Bah you can see my old apartment from one of the intro shots... Those are pretty old establishing shots though, the city's 50% construction site nowadays.

  • @containedhurricane
    @containedhurricane ปีที่แล้ว +11

    I think its economy is currently in a bad shape, but luckily their overseas footballers have been sending money from abroad

  • @bzizou5966
    @bzizou5966 ปีที่แล้ว +1

    VP writing room meeting: 💡 let’s make smoother vid on Argentina

  • @edwardgrigoryan3982
    @edwardgrigoryan3982 ปีที่แล้ว +1

    Wrote this for another VisualPolitik video on Argentina and thought it was apt to reshare here. Just a thought experiment folks, mostly having fun.
    "The year is 2065. The Sino-American war has led to a near collapse of global supply chains and a deep regression in globalization. The Neo-Peronist "Vivir con lo nuestro" party took total control of the Argentine government in a military coup 2038, and consolidated power over the 2040s. Since then, the massive import substitution industrialization push has caused Argentina, in relative terms, to be far better off than most of the world. By today's standards, this would hardly be something to celebrate. However, by the standards of the era of the Great Deglobalization, the Argentine standard of living stands head and shoulders above most nations. This was aided by Argentina being one of the few nations that was capable of having food and energy independence, the latter by finally maximizing the use of its untapped hydropower energy reserves. VisualPolitik is still alive and well, thriving within the successor to the Metaverse. Our virtual avatars are subjected to a drip feed of VR spectacles produced by VisualPolitik, expounding the genius underlying the Argentine model in immense detail, while the world around us burns. How times have changed."

  • @muhamadrizkyfadillah1592
    @muhamadrizkyfadillah1592 ปีที่แล้ว +1

    Very interesting, the southern nation who can developing a inclusive institution of political and economic in early of 20th century, but failed to maintain it.

  • @denisecastello
    @denisecastello ปีที่แล้ว +3

    I think populism has been the ruin of Argentina, and it's so pervasive that there is no turning back. The whole world should learn from this. So sad.

  • @lloydzufelt7514
    @lloydzufelt7514 ปีที่แล้ว

    Do a show Venezuela

  • @tengkualiff
    @tengkualiff ปีที่แล้ว +11

    Damn is this considered clickbait if the video content is talking about the past?

    • @LuisSierra42
      @LuisSierra42 ปีที่แล้ว +3

      Let's say it's a soft clickbait because the title does in fact make sense

  • @praveenkapilavai
    @praveenkapilavai ปีที่แล้ว +1

    The speaker needs to speak a little slowly

  • @informationcollectionpost3257
    @informationcollectionpost3257 ปีที่แล้ว +1

    Sounds to me like socialism slowly squeezed the money out of Argentina until it is at it's current economic state. It certainly needs to become an exporting country as it was in the past. I would say they need to resolve the Falklin Island issue with Britain and then get back to allowing North American and European powers to invest in their industrial base to both expand & revitalize it. Given its current relationship with the UK and therefore the USA; I don't see a foreign flow of investments happening. It may also help if they modernized their rail system. In short they need to invest In infrastructure & efficient production of products. They also need to maintain their control over their industry.

    • @Bolsonaro_em_Haia
      @Bolsonaro_em_Haia ปีที่แล้ว +2

      Not socialism. Rather, Peronism and nationalism.

    • @jantschierschky3461
      @jantschierschky3461 ปีที่แล้ว

      I would agree in most part, such opportunities lost

    • @Bolsonaro_em_Haia
      @Bolsonaro_em_Haia 8 หลายเดือนก่อน

      @@tommyboman7735 that does not seem to be the consensus.

  • @elforeigner3260
    @elforeigner3260 ปีที่แล้ว +6

    My dad loved Buenos Aires (and La Habana) he thought Argentina, Cuba and Mexico would lead all Latin America into the first world!
    How innocent…
    😂

  • @pradeepmagan6951
    @pradeepmagan6951 ปีที่แล้ว +2

    Due to the UK - in hindsight the UK should have taken over Argentina and made it successful

    • @chinglee100
      @chinglee100 ปีที่แล้ว +1

      Just like how they made Jamaica or South Africa “successful” huh

    • @indiekiddrugpatrol3117
      @indiekiddrugpatrol3117 ปีที่แล้ว

      @@chinglee100 South Africa would have been successful if it wasn't for ANC corruption

    • @yodorob
      @yodorob ปีที่แล้ว

      @@chinglee100 Jamaica and even South Africa aren't full-fledged settler colonies the way that the US, Canada, Australia, and New Zealand are. A British Argentina would be a full-fledged settler colony just like the latter four.

    • @chinglee100
      @chinglee100 ปีที่แล้ว

      @@yodorob as an Argentine I’d much rather be hispanic than trashy anglo

    • @yodorob
      @yodorob ปีที่แล้ว

      @@chinglee100 There would be plenty of Hispanics alongside the Anglos in that alternate Argentina, so you would be in luck!

  • @aeioubfjpv7591
    @aeioubfjpv7591 ปีที่แล้ว +4

    And now part 2, how socialism destroyed Argentina (Peronism)

  • @agustinpo6436
    @agustinpo6436 หลายเดือนก่อน

    We have oil, gas, gold, silver, lithium. We have probably the best soil in the world. But for decades our politicians have done everything to prevent those areas from developing.
    You always here people saying things like “they want to take our oil”, or “they are coming for our lithium”. Some people also speak about reaching autarchy or self sufficience.
    On the other hand you Australia, that exports 450 billions per year, basically minerals and oil. We could be like that in a generation if we change our mindset.

  • @rudiandries4302
    @rudiandries4302 ปีที่แล้ว

    Always very interesting but due to incredibly fast speaker - helas- very difficult to follow - truly a great shame

  • @Halcon_Sierreno
    @Halcon_Sierreno ปีที่แล้ว

    "Benus Ares". 👍

  • @franciscogabriel6773
    @franciscogabriel6773 ปีที่แล้ว +1

    Title for this video: When Argentina wasn't socialist. Socialism distributes poverty and the wealth is concentrated in the political class.

  • @samkelengcefa6207
    @samkelengcefa6207 ปีที่แล้ว +5

    Not another Argentina video. There are so many other interesting stories. Make some videos on Africa, Asia and other South American countries that are not Argentina. Please 🙏🏿

    • @SP95
      @SP95 ปีที่แล้ว +1

      Like african countries throwing out their presidents every six months ?

    • @martindione386
      @martindione386 ปีที่แล้ว

      they like to repeat all their bullshit about Argentina for their own agenda

    • @samkelengcefa6207
      @samkelengcefa6207 ปีที่แล้ว +1

      Try not to be so ignorant, there are 54 countries on the continent a great deal of which are democracies.

    • @samkelengcefa6207
      @samkelengcefa6207 ปีที่แล้ว +1

      @@martindione386 and I am starting to pick up on their agenda.

    • @yodorob
      @yodorob ปีที่แล้ว

      The Argentina story is a very compelling and unique one, for both good and bad.

  • @jbtechcon7434
    @jbtechcon7434 ปีที่แล้ว +7

    Our narrator could use some Crest Whitening Strips. Gross.

  • @freetolook3727
    @freetolook3727 ปีที่แล้ว +2

    @7:15 Yup that's a basic tenant of immigration, to try and get out of poverty.
    You never see people immigrating to the Dominican Republic or The Congo.
    😂😂😂💲💰💵🤑

    • @danmur2797
      @danmur2797 ปีที่แล้ว +1

      Actually you do see Haitians emigrating to the Dominican Republic

    • @yodorob
      @yodorob ปีที่แล้ว

      I think you meant to say Haiti instead of the Dominican Republic. Haiti is a virtual facsimile of Africa in terms of skin colour and grinding poverty and recurring crises of various kinds. The Dominican Republic, by comparison, is more developed - though not to the extent of Argentina/Chile/Uruguay or Costa Rica or certainly the developed world.

  • @AlexKasper
    @AlexKasper ปีที่แล้ว +2

    When Argentine can get rid herself of all of those lazy communists (aka Peronists, among others), maybe there will be a chance for old prosperity to return.

  • @AgainstCronyCapitalsm
    @AgainstCronyCapitalsm 7 หลายเดือนก่อน +1

    Milei.

  • @RikuLeppanen
    @RikuLeppanen ปีที่แล้ว +3

    Perhaps the World Cup win will mark a turnaround for Argentina.

  • @francoocchiuzzi.arg.
    @francoocchiuzzi.arg. ปีที่แล้ว +4

    Javier milei 2023

  • @scottduke2809
    @scottduke2809 ปีที่แล้ว +1

    why are the videos speed up? it’s really f****** annoying.

  • @AGUANTE.
    @AGUANTE. 9 หลายเดือนก่อน

    We will back on trail, but saddly, many fellows country women and men, didn't acomplished theyr dreams, neither many more now... and the thing is not that we are a really trouble country in a way of suffering violence and extreme poverty, but we're going there, slowly, very smoothless...
    ... the thing that always botterme, and we see the same on this video, is not the risk of "become Venezuela", what yinks this that we could be Canada, but warmer :)
    Let's see what happen in this 2023 ending, I will back and inform you if you ask XD
    very acurate, tks
    cheers!

  • @chrissasin6676
    @chrissasin6676 10 หลายเดือนก่อน

    Didn’t mention rule of law nor free market ?? Flawed analysis

  • @freetolook3727
    @freetolook3727 ปีที่แล้ว

    @12:04 Decline mimics that of the US.
    So, as the US goes, so will Argentina.

  • @GggG-tb1mx
    @GggG-tb1mx ปีที่แล้ว

    Can you make a video about why there are no black people in Argentina it’s is an interesting and dark reason, it will make a great video

    • @yodorob
      @yodorob ปีที่แล้ว

      A British Argentina (which would include Uruguay) would be more akin to real-life Uruguay than to real-life Argentina in terms of the black presence. Not to mention that a British Argentina would, additionally, attract black immigrants from Brazil, Africa, and the West Indies.

  • @mfsalatino
    @mfsalatino ปีที่แล้ว +7

    in an alternate universe british won the invations of 1806 and argentina is a super power

    • @yodorob
      @yodorob ปีที่แล้ว

      I wouldn't necessarily say a world superpower given a population size less than 1/4 that of the United States (though still twice that of Canada), but definitely a South American regional power on par with Brazil and a member of the G8 (which, in our universe, is the G7 that doesn't include Argentina by any means).

    • @mfsalatino
      @mfsalatino ปีที่แล้ว

      @@yodorob with western patagonia and marybird land

  • @Rman775
    @Rman775 ปีที่แล้ว +9

    Argentina was never on a trajectory to become anything more than what it is today contrary to popular belief. Their early 20th century growth was unevenly distributed and based primary on agricultural exports. The country failed to industrialize and always had dysfunctional institutions. This idea that Argentina could have been like Canada, Japan or Australia today is a myth and is based on a flawed premise.

    • @danmur2797
      @danmur2797 ปีที่แล้ว +3

      Oh they industrialized, building nuclear reactors, planes, submarines, satellites, etc. They just didn't modernize their economy as the rest of the world did.
      They also have huge state dependent social programs and employment--a situation similar to Italy, but without a Germany and EU nearby.

    • @danmur2797
      @danmur2797 ปีที่แล้ว +2

      Also--countries like Australia and Canada to a lesser extent still primarily depend on agricultural/commodities exports just like Argentina does, so it's not far fetched to say Argentina could have enjoyed a similar economy and standard of living as these countries.

    • @GeroG3N
      @GeroG3N ปีที่แล้ว +1

      Wrong.
      1-It wasn't unevenly distributed, as wages, prosperity, and ascending social mobility were higher than in Western Europe, Canada, Australia, etc. That's why 8 million immigrants arrived to the country.
      2-It was based primarily on agricultural exports, but the industry was growing faster than agriculture and livestock production.

  • @decus9544
    @decus9544 ปีที่แล้ว +56

    Vote for populists, and this is what happens. A clear lesson to everyone, though clearly one not heard by Trump supporters.

    • @thabisomakgalemane8686
      @thabisomakgalemane8686 ปีที่แล้ว +1

      You must be crazy Argentina have voted for socialist who implement the policies that destroyed it to these day

    • @DavidHalko
      @DavidHalko ปีที่แล้ว +2

      The difference is that populists that voted for Trump were not looking for free handouts, just a job. These generate wealth.
      Populists appealing to those who want free handouts... those are the issues. These are a tax on the wealth, through the power of the government gun.

    • @brunolima7402
      @brunolima7402 ปีที่แล้ว +1

      you're a dimwit that has absolutely no clue what you're talking about. Socialism is the disgrace of many countries.

    • @decus9544
      @decus9544 ปีที่แล้ว +6

      @@DavidHalko Jobs through protectionism, which increases the average cost of goods which we see now with the current inflation. It steals wealth from the majority just the same, and ends just the same.

    • @SP95
      @SP95 ปีที่แล้ว

      Socialism is populism, they spend their entire day hating a minority looking for their wealth and come lecture everyone else.

  • @AchtungAffen
    @AchtungAffen ปีที่แล้ว

    Funny how we don't talk in the video about what happened after, during the '30s, when an attempt to end the "infamous decade" brought about the "infamous century". A poor bargain indeed.

  • @danieleyre8913
    @danieleyre8913 ปีที่แล้ว

    Argentina might improve. But these halcyon days will never return.

  • @WolfgangBrehm
    @WolfgangBrehm ปีที่แล้ว +37

    Capitalism. While they embraced it, they prospered. Then envy got the better of them and they tilted to socialism. Ever since then they are on a race to the bottom.

    • @sheikmahboobs7058
      @sheikmahboobs7058 ปีที่แล้ว +1

      Wrong... it's cause of Messi the Messiah

    • @zombiekilldemon
      @zombiekilldemon ปีที่แล้ว +2

      Wrong.. neo Lib economic policy is the problem not "socialism". The idea that Argentina was "rich" is just a modern day narrative to push economic and social policies of elites. It is no different than the Lost Cause myth.

    • @jpablo700
      @jpablo700 ปีที่แล้ว

      Envy or greed?

    • @ClannCholmain
      @ClannCholmain ปีที่แล้ว +1

      It was right wing authoritarianism that destroyed it.
      Where in the world is it easiest to get rich?

    • @noahkay3792
      @noahkay3792 ปีที่แล้ว +14

      When Argentina was "rich" none of that wealth actually went to the working people/ordinary people. Which was the reason there was a socialist movement. Dumbing it down to just "greed" accomplishes nothing.

  • @debaprasad9379
    @debaprasad9379 ปีที่แล้ว

    😳😳 what's with this thumbnail

  • @yodorob
    @yodorob ปีที่แล้ว

    Finally...a TH-cam video on the history of Argentine prosperity (plus its subsequent unravelling) that includes the British invasions of 1806-07 and what an Argentina with a British victory could have been.
    In short, more solid foundations (including especially more equal land distribution), an even heavier immigration wave that would both start earlier and last to this day (in which the British Isles-born join the Spanish-born and Italian-born as the charter ethnic group), a broadly-shared prosperity that would last to this day and wouldn't end in the 1940s-1950s like in real life, and way more economic/political stability than in real life (including no Peronism and no Dirty War).
    Oh, and it would include Uruguay, most of far southern Chile (most of Magallanes and all of Tierra del Fuego), and - since 1949 - the Falkland Islands (in that world, not a contentious issue and not generally called the Malvinas in Spanish). It would not include Misiones, though, as that would be in Paraguay.
    The population would be 70 million (as opposed to 50 million or less in that whole territory), with a Spanish-speaking to English-speaking ratio of 60-40. The Spanish speakers would include the descendants of most of the immigrants from Italy and Spain as well as the older-stock Spanish-speakers.

  • @danmannz
    @danmannz ปีที่แล้ว

    The reason was elitist government schools and universities.

  • @spicygamer5587
    @spicygamer5587 ปีที่แล้ว

    Next time please cover this topic "Why visual Politic every video host have yellow teeth??" #Dentalhealth

  • @devil2jz500
    @devil2jz500 ปีที่แล้ว +8

    In Argentina we are not allowed to ask our grandparents what they did in WW2.

    • @martindione386
      @martindione386 ปีที่แล้ว +2

      he sold grains to feed hungry British soldiers, transported by neutral cargo ships that didn't need Royal Navy escort, Britain owed USD 3.5 billions (40 billions in today money) to Argentina at the end of the war.

    • @jdjphotographynl
      @jdjphotographynl ปีที่แล้ว +1

      Suppose it depends on whether or not those grandparents have German surnames...

    • @EPK123
      @EPK123 ปีที่แล้ว +1

      My granpa was an electrician in Germany

  • @jonahy9301
    @jonahy9301 ปีที่แล้ว +5

    Since when is Argentina the richest land in the world 😮

    • @daMacadamBlob
      @daMacadamBlob ปีที่แล้ว +10

      It was one of the most prosperous 100 years ago

    • @TheUltimateOpportunist
      @TheUltimateOpportunist ปีที่แล้ว +4

      It used to be. Watch the video.

    • @rjc09
      @rjc09 ปีที่แล้ว

      used to be ONE of the richest. NOT 'the' richest.

  • @gustavogoncalves3900
    @gustavogoncalves3900 ปีที่แล้ว

    Again?

  • @honestguy7764
    @honestguy7764 ปีที่แล้ว +1

    Pelucas for President!!!

  • @chandu_dh
    @chandu_dh ปีที่แล้ว

    Americans I didn’t c that.

  • @AntoniEmanuel7328
    @AntoniEmanuel7328 ปีที่แล้ว +1

    Probably one of the most racist countries on the planet. Poverty is heartbreaking and has allways been a highly corrupt country with maybe a dozen elite families that have their hands on everything.

  • @abinlukasabraham
    @abinlukasabraham ปีที่แล้ว +1

    Like Australia today? Or could have be like india, Bangladesh or Pakistan.

    • @chinglee100
      @chinglee100 ปีที่แล้ว +1

      Which would have been the most likely scenario unless the British killed off all the Hispanics in which case those currently living in Argentina would have never been born

    • @danmur2797
      @danmur2797 ปีที่แล้ว +2

      Argentina is already doing better than India, Bangladesh, or Pakistan. At least for the average Argentine.
      It could have been like Australia.

    • @abinlukasabraham
      @abinlukasabraham ปีที่แล้ว

      @@danmur2797 that's actually my point.. It could have ended up like those countries where the British took all resources

    • @GeroG3N
      @GeroG3N ปีที่แล้ว +1

      @@abinlukasabraham Those countries ended up like that because of their culture, not because of British colonialism.

  • @stivenstivens
    @stivenstivens ปีที่แล้ว

    Same story as Cuba , same cause .

  • @pardonwhat
    @pardonwhat ปีที่แล้ว

    Why does economic competition matter, who says wealth is working for the man.After safety, Freedom from the ratrace maybe a wealth worth having over the freedom to dominate!?
    If the people are employed and generally equitably happy then maybe they are already wealthy, on $500/mthh.

  • @alanbudde8560
    @alanbudde8560 ปีที่แล้ว +3

    Congrats on the world cup though. Only thing keeping them running at this point lol

  • @KamalUddin-zd4cw
    @KamalUddin-zd4cw ปีที่แล้ว

    Kanglu-tina

  • @ronniemwenda900
    @ronniemwenda900 ปีที่แล้ว

    Second 🥈

  • @valimback5109
    @valimback5109 ปีที่แล้ว +1

    Argentina may win the World Cup, despite all that

  • @mfsalatino
    @mfsalatino ปีที่แล้ว +2

    Argentina needs thanos

  • @JazzyGinger1
    @JazzyGinger1 ปีที่แล้ว

    Hello, 🌺🥀🌹May I share an Old Testament Verse with you from Daniel 7:14 "And there was given him dominion, and glory, and a Kingdom, that all people, nations, and languages, should SERVE Him; his dominion is an Everlasting dominion, which shall not pass away, and his kingdom shall not pass away, and His Kingdom that which shall not be destroyed." Also, can I share Isaiah 53:5 " But HE was WOUNDED For our TRANSGRESSIONS, he was BRUISED for our iniquities; the chastisement of our peace was upon Him, and with His STRIPES we are HEALED."🌹🌻🌷
    God the Father loves you so much that He sent Holy Sinless Jesus (His Holy Son) to earth to be born of a virgin.Then, to grow up and die on a cross for our sins. He was in the tomb for 3 days, then Father God raised Holy and Sinless Jesus Christ (Y'shua) to Life! He appeared to people and went back to Heaven. We must receive Sinless Jesus sincerely to be God's child(John 1:12).After we get saved by grace through faith in Christ, if we truly love the Lord Jesus Christ, then we will obey Jesus(John 14:15). Mark 1:15 "And saying, the time is fulfilled, and the kingdom of God is at hand: Repent ye, and believe the gospel." Jesus said in John 14:15 "If you love Me, keep My commandments. "There's a real hell. It says in Revelation 21:8 "But for the cowardly, & unbelieving, and abominable, and murderers, & immoral persons sorcerers & idolaters & all liars, their part will be in the lake that burns with fire & brimstone..." Please sincerely receive Holy Jesus and put your true faith and trust in Him today and please repent. Will you have a Real encounter with Holy Lord Jesus (Y'shua is His Hebrew Name) and stay in a Genuine relationship with Him daily please?

  • @nikjabiru5765
    @nikjabiru5765 ปีที่แล้ว

    Wah im surprised his teeth is less yellow in this video

  • @obi0914
    @obi0914 ปีที่แล้ว

    Then socialism happe ...

  • @Izzy-qf1do
    @Izzy-qf1do ปีที่แล้ว +2

    They better win the world cup. That's all that matters right now. 😂

  • @Serif_0s
    @Serif_0s ปีที่แล้ว +9

    The anglo-saxon law with its emphasis on private ownership emerges once again victorious.

    • @fullmetaltheorist
      @fullmetaltheorist ปีที่แล้ว

      So Japan was Anglo Saxon?

    • @tiusernamenabalw
      @tiusernamenabalw ปีที่แล้ว +2

      The Anglo saxons were the most successful race in invading, looting and enslaving. They are also the first one to turn racism into science. They became civilized only a few decades ago, once they realized they do not have the power to pillage the world any more.

    • @pwp8737
      @pwp8737 ปีที่แล้ว +4

      @@fullmetaltheorist with total defeat in WW2 and American occupation, Japan was reorganized by the occupiers. The old elites, the samurai who promoted militarism and autarky were swept aside with open markets, promotion of commoners into positions of power and integration with the west. So, yes anglo-saxon values were grafted by the Americans on the Japanese tree to provide a stable, prosperous and peaceful ally to the US empire.

    • @fullmetaltheorist
      @fullmetaltheorist ปีที่แล้ว +3

      @@pwp8737 The point I was trying to make was that private property isn't an Anglo Saxon invention. Plenty of places have it and do it better than the anglos. The honest truth is the vikings, anglos and other getmanic tribes were fudalists who raided, pillaged and ruled over other countries before being assimilated into the nobility and general population. The view of them as liberators is fairly recent and wrong. Just look at England. You can clearly see that they installed fidal structures that became the aristocracy and later on the ruling and wealthy class. England was a very class segregated society for most of its moderns and pre modern history.

    • @Leopold_van_Aubel
      @Leopold_van_Aubel ปีที่แล้ว +3

      Lol. Countries with civil law have private ownership.

  • @McFlyYouSlacker
    @McFlyYouSlacker ปีที่แล้ว +11

    His teeth so yellow, he could butter bread

  • @ahmedbahaa4736
    @ahmedbahaa4736 ปีที่แล้ว +3

    I hope they beat Croatia😂😂

    • @luciano2003.
      @luciano2003. 11 หลายเดือนก่อน

      🇦🇷⭐️⭐️⭐️🤭

  • @VanRock.
    @VanRock. ปีที่แล้ว

    Lol :him one of the key names in Argentina history
    My mind: Messi!!!!!!@

  • @pwp8737
    @pwp8737 ปีที่แล้ว +7

    Blessed is the country founded by the English, for it will have a prosperous future. Not so if founded by an Iberian.

    • @marcosjavieralemangarcia8859
      @marcosjavieralemangarcia8859 ปีที่แล้ว +4

      you're right.. as an example of British Empire, Ghana, Nigeria, India and large etc of super-rich ex-colonial countries...of the English.. come on..

    • @pwp8737
      @pwp8737 ปีที่แล้ว +2

      @@marcosjavieralemangarcia8859 I was referring to the settler colonies; those countries you mentioned had pre-existing peoples and cultures.

    • @indiekiddrugpatrol3117
      @indiekiddrugpatrol3117 ปีที่แล้ว

      @@marcosjavieralemangarcia8859 all of those countries are rapidly developing especially compared to their French or Spanish colonised counterparts

  • @gonzalo6828
    @gonzalo6828 9 หลายเดือนก่อน

    The reason for the disaster in one word : Peronism

  • @felixcoria4583
    @felixcoria4583 8 หลายเดือนก่อน

    WHY TALKING ABOUT OF WHAT ARGENTINA WAS............... IT IS NOT PROVED THAT ARGENTINA WAS A RICH COUNTRY. WAKE UP AND FACED CURRENT TIMES. ARGENTINA ECONOMY IS THE WORST OF SOUTH AMERICA ONLY EXCEEDED BY VENEZUELA.