Why did Argentina Decline? (Short Animated Documentary)
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- เผยแพร่เมื่อ 14 ส.ค. 2020
- At the end of the nineteenth century, Argentina was seen by many as on the cusp of becoming a great power. Yet as you'll know, that never happened and instead Argentina declined relative to the rest of the developed world. But why? To find out watch this short and simple animated documentary.
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Sources:
On the origins of Latin American economic diversity. The Argentine case 1875-1914 by Vicente Vázquez-Presedo
Party and State in Peronist Argentina, 1945-1955 by Walter Little
External Dependence, Demographic Burdens, and Argentine Economic Decline After the Belle Époque by Alan M. Taylor
Argentina: A country with a great future - behind it.
We Brazilians say Brazil is the "Country of the Future" - a future that never comes.
@@guilhermesartorato93 or a variation that says "Brazil is the country of the future, and will forever be"
@@guilhermesartorato93 Can you suggest me any good video about Brazil’s economic and geo-political information?
@@gabrielremigio now that I think about it, they really have been saying Brazil is a future economic power house for what seems like forever. Hopefully it comes true eventually. The world is rooting for you guys
@@Ditka-89 seems more like bashing cuz of the Amazon drama
"Internationally, the argentine peso was seen as worthless"
Well at least something remained consistent
and locally too... lol... i guess
Russian ruble: Hey, we should hang out together someday..........
@@_NoName_314 :(
The Peso we call today is worth roughly 100 trillion pesos of 1900, the thing is we had to create a new currency like 3 times? maybe 4. Every new currency was worth 1k if not 1MM of the last one.
@@elmascapo6588 Nazi Germany Marks: Am I a joke to you?
im argentinian and this is a really good description of the problem. i have the feeling that over here everyone is so polarized, with so much emotion because of the impact the economics have, that seeing the whole picture like this video presents is actually pretty hard for people. thank you for making this!!
pero cerra la cola negro que ganamos el mundial viva peron
Yes, the population is probably too emotional. Too many Latinate people lol. Import more Germans, you'll be fine lol. That's why the US is so powerful. Most of the Whites in America are of German extraction.
La polarización no es un problema solo argentino. Es un problema de la política mundial. Y por otro lado, esto no es la imagen completa ni de casualidad. No se explican ninguno de los factores contextuales que permiten explicar por qué los países latinoamericanos en general tienen historias muy similares.
@@gabrielromero9058 Completamente de acuerdo, siento que es una buena explicación para un video de menos de 4 minutos, pero nada más que eso. Falta mucho contexto, no se menciona el FMI o nada después de los 70's para ser sincero.
@@gabrielzorrilla8000falta lo que inicio el desastre precente, que fue el ultimo financiamento al golpe militar del 76, donde se convalido en el gobierno de alfonsin y se reafirmo en el gobierno de menen, de ahi nadie mas supo como arreglar eso, porque cada dia pagamos 2 billones de pesos en intereses, somo el casino donde jamas ganamos, sino que vivimos perdiendo para un grupo de parasitos del sistema que no van a desarmas jamas, mientras tanto sigamos pagando la inflacion de ee.uu, ellos son muy buenos exportandola.
If only Argentina had a Patreon account to ease its economic woes.
that's called corruption and yes, they did have that.
They needed James Bizanet
I think you mean an OnlyFans account
If only Argentina had met James Bisonette !
Spinning Three Plates could've saved their economy
"There are four kinds of countries in the world: developed countries, undeveloped countries, Japan and Argentina"
- Simon Kuznets
Please explain for my ignorant self
Japan?
@@hussey4826 yes i dare to say it is the most developed country in the world without even having natural recourses
@@kenzomatsuda184 I think it refers to Japan going through an economic miracle during the reconstruction after WW2, which really deified economic sense at the time. There was a meteoric rise in the economy that continued until the late 80s. Argentina meanwhile had plenty of advantages that should have secured their economic prosperity but instead they went through a downward spiral over decades that they never recovered from.
@Tejas Misra theres also the fact that Japan doesn't have a corruption problem
Argentina seems like a really interesting place, with interesting people to know. Hope I can visit that some day! Greetings from Lanús
JAJAJAJJAA ese Lanús me pegó como patada del Pepe Sand
hope some day i can visit too!
sent from quilmes (?
Tarado me hiciste reir
Indómtas tierras de Lanús, con flora, fauna y civilización dignas de un GOT. Saludos desde la República Separatista de San Francisco Solano! XD
Jajajajajajajajajajaja!!
As an Argentinian, I feel you addressed each topic respectfully and accurately. Here's my like and my sub ^^
Very interesting how TH-cam decided to recommend this video in particular to me today...
"I hope you enjoyed this episode..." Argentinians smashing the monitorts...
Nah tbh it was pretty good
Agreed, how can I enjoy listening to the history of my demise.
whole economy gets destroyed by corrupted politicians = we sleep
soccer team loses a match = REAL SHIT
smashing our monitors? Nah fam, that would be really fucking expensive for any argentinian
Nah, I love this kind of videos, they are Super Informative and Fun
"turns out military's can't run economies"
Me, an Egyptian: *_sweats nervously_*
Laughs in Prussian
cries in ww1
Me a Nam: oh boi
Shoot the debt, hahahahah
战争机器 He’s talking about our current president who was the head of the military, Abdel-Fatah El Sisi.
Dude they can't run shit. Br4zil health minister is (after loosing 2 ministers in a month) run by the military. 100k deaths anda counting
argentina sounds like an amazing country filled with great food and amazing people, without mentioning its beautiful landscapes. greetings from caba
you got all that from this video??
@@Chief_Brody he is from argentina, its a joke
@@Chief_Brody its an inside joke😂😂
Cringe
jajajajaja
Damn that was hard to watch. At least they won the World Cup
Qué gracioso
The simpletons could be satisfied with that, tbh.
@@Janograd its a puddle of happiness next to an ocean of misery, we are satisfied of hearing good after years of not hearing it.
Idiots are at least happy about it. Meanwhile people starve to death but you win some you lose some i guess.
Argentina in a nutshell: “Why are you hitting yourself?”
You could say that for most of Latin America, even without the foreign intervention.
@@merrittanimation7721 They need Europeans to run their nations for them not to be shit. Hard truth.
@@scarletcrusade77 I don't know, the US manipulates them even more than Europe and it's about as European as the rest of them.
@J S That's not what I said at all.
Merritt Animation true but you cant deny that most south american governments blames the US for their woes incessantly. Their mindless followers that constantly spout nonsense as how the US hinders them economically or hoe the US would colonize and oppress them if a militarist government isnt in charge or so on
I'm almost 28, I grew up hearing about the good old days and watching people arguing over Perón. My father, a 60 year old man, grew up hearing about those same good old days and watching people arguing over Perón. We can't break the loop.
Goog old days... A hundred years ago hahah just leave that shitty society and dont take "viveza criolla" with you.
Tengo casi tu misma edad y aún no entiendo un carajo lo de Perón. Hay gente que te dice que hizo cosas *buenas*, hay otros que te dicen que nos mandó al abismo.
No lo ví y por eso no opino sobre el tema, pero me he intentando informar para entender mejor y cada vez que intento informarme me confundo aún más.
Im 13 and people are still arguing about it, i dont even know why
@@OldFalseDev Because the Kichner are applying their politics.
@@N12015 si, pero no es el único hecho
James Bissonette was the sole reason Argentina flourished. When he left, it collapsed
There are things in Argentine politics that no other country has.
My favorite is the Argentine military junta that took power in 1976, with the overwhelming support of the business community, and then one of the very first measures of the Junta's was to pay off all the foreign debts that these Argentinian companies had contracted. And they did it using the government's reserves. Incredible.
The cows look like horses with horns and a wig
Saying that like cows aren’t thicc horses with horns and wigs
*Oh Dear*
And a few seconds later, the cows became British and started wear hats
No wonder they had a hard time selling them.
For some unicorncame to mind lol
An Argentinian once told me: "We have the the richest land, the best animals, the finest wine and amazing cities. The only problem, is us, a bunch of idiots who happen to live here"
Edit: Stop argueing in the comments. We all know the best thing Argentina has is Rock and Roll.
Que gran verdad
@Albert M where you from
@IPA SOLÉ 70 % almost desert?? You must be a latin hater
@IPA SOLÉ I have lived 31 years of my life here Argentina.not going to waste more time talking to a 6 year old not knowing even about his own country
@IPA SOLÉ the 30% left is larger than many european countries, also we are 45 millions and produce food for 400 millions.
Not to mention we have one of the larger lithium reserves.
Our only problem, was ourselves.
you explained the issue in 3 minutes, our economists debate for hours on end, like a dog chasing its tail, never to find an answer
Something he didn't say is that the military rise in the 70's was also done bc of the "guerrilla" like the "Erp" or "Montoneros" (who had been active since 1969) and the high rate of terrorism.
Yeah, and high rate of state terrrorism and long periods of dictatorships.
Nothing can justify the dictatorship
@@marlboroprime657 I didn't say that the dictatorship was the only option. I just said the cause
As an argentinian studing history, this is a very good nutshell.
Well I remember Argentina and Brazil nearly destroying Paraguay, after that nation declared war on Argentina just because they refused military access for there war on Brazil.
@shahzeb ali and lionel messi
Same here
Finally, a vídeo about us, i'm so freaking happy and unhappy at the same time
Argentinians, may can I call your motherland Tina? Just asking
"Fortunately though, in 1929, things got much better for Argentina and by much better, I mean worse because Great Depression."
Please, never change.
Bro Broman You’d think by now we would be fed up with History Matters using the same one-liners in their animated videos. But fun fact;
No
Dammit i was just 4 hours later
Lee Blen Both? Both.
Both.
Both is good.
His dead pan comedy keeps me coming back. 10/10
I mean, I guess it was ok for them because now everyone else was poor too
Great video just sharp and short !
As an argentinean pol sci major i would say this is actually quite a very acceptable approach to a summary of our history. I would however be more critical on the idea that Argentina was prosperous at the end of the 20th century, as it's a very complex premise. And even if it were a true premise, that model has -and had- a very limited potential. This is important because the question "why did Argentina decline" is a question used politically by certain groups of interest that constantly bring up the idea of a wasted oportunity without taking responsability.
Why did it have limited potential.
@@luistotoro industry was undiversified, encompassing only areas complementary to agro-exporting model, most land owners were also managing the state and they were too little. We've had to make literal meat laws to regulate the meat market as it was taken over by foreign companies and it was becoming an oligopoly
@@FrAmXisCo Many prosperous countries have undiversified industry. You don't need to be good at everything (actually you kind of can't), you just need to be good at a few things. Industry will develop towards whatever's profitable, you will start by exporting grain, then industry will develop around that because it makes sense for that to happen, eventually you'll get industry supporting this industry and if things go well and incentives are good enough the owners of these industries will eventually diversify because why the hell wouldn't you? Of course, unless this isn't economically viable, in which case you just don't do it, which doesn't mean much because you're still doing great.
Some things are comprehensive enough to work on their own, we're talking agriculture and cattle, these are not going away for a very long time and if it wasn't because of corruption and attempts to do stupid stuff the country would be a lot better than it is now.
Argentina a wasted opportunity, most arguments against how things went back when the country was actually rich are idiotic at best.
@@FrAmXisCo well i read lots economic historians talking about how before 1930, diversification was rapidly advancing. Then it was all over, especially after 1943 when peotectionism begun.
@@santisven Who are these historians that say that it was "all over after 143 when protectionism begun". That is not right. At all.
Argentinian government to foreign investors: Why are you running ? WHY ARE YOU RUNNIN ?
Peronism is almost a mix in that he was inspired by Mussolini but also wanted control over unions and key industries, while defending businesses he liked. So whatever Peron was feeling at the time really.
@@elmascapo6588 en realidad pelegrini tiene bastante fama de chorro, para mí los mejores fueron el de sarmiento y el mejor del siglo xx el de Alvear, aunque de la plaza y Alcorta no estuvieron mal
@@elmascapo6588 yo lo que se es que aumento algo su patrimonio, no estudie mucho su gobierno, solo se eso de lo que me enseñaron en el colegio.
Así que si me equivoco perdóname
Go china go russia
Cow caos
As an argentinian i can say:
-our governours are still very corrupt
-our peso sucks (even more)
-and we are still (as never before) broke
Yup...
Nicolás Alberto Caputo In any moment Argentina is going to turn in something like venezuela
@@vicentecanale9136 You know, I don't think so. I don't think we have the conditions for that, our military is really weak and we still have people who want to fight for the common freedom of the nation using the democratic tools we still have.
Nicolás Alberto Caputo I mean in the economy aspect not in the politic
Also is just an over exaggerated joke.
Pd:I am Argentinian too
@@vicentecanale9136 Hablo español entonces. No creo realmente que terminemos como Venezuela, lo digo sinceramente.
it’s been two years since this video came out and the situation is still the same! i can’t stop laughing of how accurate it is, honestly no one said it better
Argentina's such a beautiful place, I wish I could go visit one friend of mine that lives there!! Greetings from Parque Chacabuco.
When you look down for funny comments, but then you remember you're an Argentine... 😥
BRUH, I feel you bud, I'm mexican but you know this country is a mess as well...
Hola 👋🏼
Is your profile pic a reference to the offspring?
@@booradley6832 sure
I say hello from Chile,
the "richest" country of the place, runned by a right-wing president and with one of the world worse numbers on the pandemic.
Also, we mantain us alive, using our little individual pensions fonds... if you have one. I hope you enjoy this episode...
Argentina is a rich land that has been plundered systematically by its rulers.
Argentina was a rich land, but no longer anymore.
by its rulers and their voters
As an Argentinean I recognize this as a cliche phrase, but what does "a rich land" actually mean? We have ample natural resources, sure, but if you can't benefit from that, then that means nothing. We're not a rich land, we're a poor land. We may have a lot of potential, but so little of it is realized.
@@damianeisenstein2921Says who? The land still rich and fertile, the gold and minerals we have didn´t lost their value.
@@Lightmaster5 no, but I can assure you the percentage of disfunctional people increases with the level of poverty, welfare and adoctrination we got. I wouldn't say they have a price, but the people are the value of a nation/country.
As an argentinian, I can tell you that this is a very good video and it explaines our story pretty well.
Thanks for the video
Great content!
Argentina's greatest enemy seems to be itself. And Britain occasionally.
argentina's greatest enemy is fascism, occasionally supported by britain.
@@cageybee7221 And populism.
Yep, that's why I say the best way to bring prosperity back to this country is to declare war to another one, lose on purpose and get occupied.
It worked for Germany and Japan
@@Abyss-Will They did kinda try that with the Falklands and look how that turned out.
@@merrittanimation7721 The funny thing is, if the UK didn't stop at the Falklands and full on invaded Argentina, and occupied it. Argentina would probably be a better place today.
As a Canadian who has visited Argentina a few times, I can only say that it is an amazing country full of amazing people who deserve so much better from their leaders.
As an Argentinian who left the country for a way better future in Canada, I salute you. The Argentine leaders are no different from the society they come from. Until they improve education there, nothing will change no matter who comes into power.
doesn't even make sense... people get the leaders they deserve
@@fedvvvv exactly 👍🏻
It's probably because Argentina is just a bunch of Italians that left Italy in search of better (lazy) life. So the hard-working Italians stayed in Italy, and the rest invaded the the land that is now called Argentina. Also, these European immigrants are extremely racist against the native people and anyone else who is not European...just like the current and former presidents.
I visited Argentina this summer. It has so much potential, people are great, and it should be one of the richest countries. I hate to see where Argentina is right now. Winning a WC is great but the problems are still there
Great video 👍🏻
My man did this 2 years ago and is as accurate and so anger/depression inducing as it will ever be.
There are four types of economies: Developed,developing,Japan and Argentina
North Korea has the best economy
North Korea best Korea
North Korea only Korea
It's evolving, just backwards
You are an Economist or just another ignorant with internet?
I bet the second one.
@@Lightmaster5 It was just a joke,no need to get mad about it.
"There are rich countries, there are poor countries and there are Japan and Argentina" - Economic Nobel Prize
Argentina: Ex- Rich country made poor through heavy corruption
Japan: Became filthy rich and economically powerful in the blink of an eye just to be hit with the biggest stagnant economy in the world resulting in such massive unpayable debts, that their economy can no longer grow, adjacent to a shrinking population unofficially categorizing Japan as a dying country.
So, what I'm hearing is that Argentina needs to start a very big war and get nuked? Every country that got nuked in a world war, became successful! lol
@@mrbisshie it's not the nuke that made Japan strong, it's the US investment. Maybe Argentina should go to war with the US, lose, and then get US investment. Or join a war on America's side, get completely obliterated, and then get US investment
Japan is a rich country tho
@@SALT93 Yeah, japan is and will remain relatively rich for quite some time, but as stated it's economy has no room left to grow and this combined with a aging population means japan is facing a slow perpetual recession. But hey, stagnant or not, japan is still an economic power house.
Argentina's economy is so shitty that despite having considerable resource wealth, any domestic industry they may have had to exploit their oil and mineral despots on a larger scale has long since went tits up and died due to political instability and corruption chasing any potential foreign investment out of the country. And on top of that, unlike many countries with massive debt like japan, argentina lacks any means to refinance theirs.
First of all, I love your channel. I think you do great job summarizing complex issues in such short videos. As an argie myself, I was surprised to see this as a topic for one of your videos. Again, you did a fantastic job :)
Argentina has everything to be a “normal” country. From natural resources to climate to hard working people. Sadly, we lack honest, patriotic leaders.
I hope we can soon get rid of all the corrupt politicians, but it won’t be easy. Corruption has spread all over federal, provincial and municipal offices.
Wow. Those politicians really did fucked up
3:08 _"Also, I'm feeling tired"_
I think every Argentinian feels the exact same whenever they see something about the history of their country.
It brokes our heart to see so much history behind our flag and so much rich culture. It brokes our heart even more knowing what our past used to be. It fucking brokes our hearts to be born in this country with so much daily pain to consume of.
*argentine
Not really because they are used to it : "you go away for one week and everything as changed , you go away for 10 years and everything is the same"
glad im not still interested in history for that
Like Simon Kuznets once said "There are four kinds of countries in the world: developed countries, undeveloped countries, Japan and Argentina". We never learn from our mistakes and keep pushing forward till we hit the next wall :)
Lee mi opinión más arriba. No es tan simple.
@@vHumboldt77 es bastante simple si lo ves de esta manera: No paramos de tener gobiernos corruptos pero son populistas, asi que los siguen votando, ya se que hay un montón de cosas, pero simplificado así es bastante simple
@@ricardocasanova6249 "no paramos de votar" gobiernos, etc. No surgen de la nada. Y son TODOS muy parecidos en más de un aspecto (ej. la manipulación de los tribunales, los k y el macrismo se dan la mano). Lamentablemente, los tiempos de Julio A. Roca, pasaron.
Basically, we are "I'm the Juggernut, betch!... boink" XDXD... T_T
Not a bad typology for the time if you added a fifth category for the Soviet Union and Eastern Europe.
What a decay from a country that was big long time ago, it must be hard to live in that country. Greetings from Argentina
Atleast they have a good football team
Interesting Fact: Argentina is the only country to have gone from developed to developing status.
Rhodesia is another one... but it quickly slided further to third world failed state.
@@houssamassila6274 wrong! Rhodesia was only a paradise for it's white inhabitants who oppressed the black majority. It was never a developed country in the traditional sense
@@macnosmutano4849 lol, very brainwashed indeed.
@@houssamassila6274 I'm from Zimbabwe you idiot!
@@macnosmutano4849 yes. Thats what I said. Totally brainwashed.
"By better, I mean worse."
Deception: 100
Stfu
it's the same thing , really, by which i mean different
"That may sound like a bad idea... because it is" ~ M. Night Shyamalan
"War is peace. Freedom is slavery. Ignorance is strength."
@@seneca983 peace is war, slavery is freedom, strength is ignorance.
I'm an American who speaks fluent Spanish, and I've spent considerable time in Argentina for work. It's fascinating and diverse country. I've enjoyed "parrilladas" and tango shows in Buenos Aires, I've sipped exquisite wine near Mendoza, and skied in Bariloche. The systemic problems the country faces are more complex than what can be covered in a short video, but it was a good start.
I'm glad you enjoyed my country of origin, although I find it funny that you're NOT Argentine with that name. It bet there's at least 50 Javier Morettis in Argentina haha. Cheers
the problem in Argentina can be sumed up to "peronismo", people still believing on the principles of a dead military pedo
It's mostly socialism... Es un cáncer.
A quick search of Argentina's main exports also shows that their economy is still heavily dependent on agricultural and animal products; essentially having an agricultural-based export economy, not much in terms of industrialized products. They haven't really diversified their economy much in the last century...
As a 29 year old argentinian, the only words I hear since I can remember are "falling economy", "poverty" and "corruption". It takes all the hope from your heart and you grow up with only one thing in your mind: get an academic title and GTFO the country while you can. (BTW i'm a trilingual engineering student if anyone wants to adopt me)
Anda labura deja de boludia en youtube
@@joaquibvarroso9688 uhh mirá otro payaso en los comentarios de yt DISLIKE
Logro desbloqueado: escapar de Latinoamérica.
bro te deseo toda la suerte, ojalá puedas salir de este lugar de mierda
stay and make the country better
God give everthing to Argentina to be a great power, but then nerfed the country with argentinians
Funny, we say the same about Brazil
Not the argentinians, argentinian politicians
@@shadowofmountandblade3828 I can't talk for Argentina, but in the case of Brazil I don't think it's too different, most people that call the government corrupt would do the same if they had the opportunity, so while the politicians are the immediate problem, it can only be fixed if the people change aswell
@@gabrielromano9096 which won't happen
@@shadowofmountandblade3828 No. I'm argentinian and its the whole country that's involved in systematic corruption, not just the politicians.
If you want to learn more, seek out "Argentina's Economic Reforms of the 1990s in Contemporary and Historical Perspective" by Domingo Cavallo and his daughter. A book that covers the whole economic history of the country.
"Now, a country giving away control of its primary export might seem like a bad idea, and that's because it is." I love this guy's humor. 😂
Brazil: we can destroy our own country better than anyone!
Argentina: hold my beer.
Hold my fernet con coca
Thailand: hold my Singha.
Somos parceiros nas crises, "se o Brasil tem um resfriado, a Argentina tem uma pneumonia"
@@romerobritto9094 verdad JAJAJAJA
@Gonzalo Araujo I wouldn't say so. We have no risk to default and our inflation is quite low. It doesn't matter how bad the Brazilian populists are, nothing is worse than Peronism. Ok, Chavism is worse, but that aside I don't think it's fair to compare both.
Because they didn't get sponsored by James Bissonette
🤣🤣🤣
Beat Me Into It
How original
You copied my comment
@@juliancoquelet2654 not really I guess. Everyone makes that joke, it's just a thing
This is no too bad as a brief summary. As for the question if the average american is better off than the average argentinian, keep in mind that Argentina has free universal healthcare and free colleges. That means than anyone can study anything at high-value universities. A lot of people often don´t realize what a big deal that is.
Also I see that you failed to mention Operation Condor, that explains some things as well
those are the 2 things good about the country, the rest is dipshit insane.
Actually, Operation Condor explains Argentina's debt going from USD 57 millions in 1955 to USD 44 billions in 1983. It explains more than some things, it explains A LOT
Exacto, es muy util mostrar las lineas de crecimiento junto a los años que corresponden, en ese caso se ve claramente que la debacle que resultara imposible de levntar fue a partir del golpe militar, la peor maldición que sufrimos.
I recommend studying the UKs educational reform from 1998 and its results 25 years later.
i love that last frame
As an argentine I must say, no matter when are you watching this video, it is still up-to-date. Argentina is a never ending story o decay
I've seen your currency just failing everyday and the different kinda dollars you guys have, it's terrible but I wish the best from México.
I feel kinda bad as an American because I just realized that I don’t think about South America a lot. I hope Argentina gets better someday.
@@sparrowpelt20xx61 The same happens me, I'm mexican tho, but I just don't watch what's going on the rest of our continent, except for US.
@@coria6231 I’m sure we’re very entertaining to watch right now. It’s a little embarrassing if I’m being honest. Still love my country though. 😅
@@sparrowpelt20xx61 jajajajaja bro that kinda political situations of your country always makes me LOL a ton (don't get me wrong :) xD).
For that reason I prefer watching your country's news than from my country.
And yep I think it can be embarrassing and silly, but are things that happen.
*Imagine how other Patrons feel.... you've sponsored History matters since beginning of time but no one remembers you because James Bissonette exists...*
Ha! Ha! Fantastic! I totally agree, his reputation is now legendary
Why is he always mentioned first? How much is he spending per month?
Then they need to sponsor more....
I'm just wondering what happened to partyboyco.
I remember Kelly Moneymaker, Phil the OinkOink, gustav swann, rasheed Ali, is he? , and many others...
Congrats to Argentina on their new president! The future is theirs for sure
There are no guaranteed heroes in any politician.
Everyone: "Why don't you do something about corruption, inflation, and over spending so you'll be popular?"
Argentine: "How about we don't"
Argentina has the second richest patch of farmland on earth, complete with navigable rivers most countries could only dream of.
Agriculture isn't as big as before
@@santiagocastro6333 so you don't eat?
@@joaquinaugusto625 I eat money bills
Yeah, no rich country is rich because of farming anymore, either you industrialize, or keep being poor.
South America is the barn of the world, agriculture right now doesn't have much value, but wait some decades more.
If everyone industrializes, who will feed the people?
*Average argentinian:* I love the smell of inflation in the morning
Don’t forget devaluation
"Awww yes, finally, Football, an escape from my miserable life"- Almost every Argentinean dude in his 30's
This is literally me, or...
"Ahh, what a good morning, let's see how is the dollar right now... 160 PESOS? WTF, WTFFFFFFFFFFF, IT WAS FUCKING 130 YESTERDAY!
Don't forget military coupa
I don't, please take me out of here
This info is spot on.
Answer: Perón
You omitted the part that just after WWII Argentina was for a short moment pretty rich due to them supplying a lot of fighting nations with much needed beef.
@LUMINEI never recovered from the Falkland’s
@@asnekboi7232 The falklands were really the governments fault. Argentina was unprepared, poorly equipped and not well trained.
Not to mention chile backstabbed argentina and the uk kinda didnt care for war crimes and sunk ships outside of the war zone.
@@fabrypetty1689 it was not a betrayal Chile had no reason to support Argentina with which it had its own territorial disputes. Furthermore regarding your second point it was not a war crimes even the captain of the the Belgrano said it was an act of war.
@@fabrypetty1689
The exclusion zone was for third parties. The Belgrano was going to attack British ships outside the exclusion zone (fine). We sunk it first (fine).
As someone who lives in argentina I only have this to say: Don't EVER vote for politicians who promise free stuff and pretend that there are no limits for goverment spending
@@chrischreative2245 it is even worst in the inland provinces
There are of course limits to government spending. The limit is the government’s ability to stay within the means of the country’s economy and its ability to produce enough goods and services to match the demand that the increase in the money supply will cause.
An important thing to remember is that governments can’t run out of money. They can only cause inflation, which is when spending leads to a money supply that is too high to match the economy’s ability to produce, thus causing prices to rise. If a government spends money wisely in a way that promotes economic growth, then they can spend even more over time.
@@RihannaIsIluminati You're starting from the mistaken premise that spending can "promote economic growth". Economic growth comes from capital investment (which requires savings), innovation, and hard work.
All spending by definition destroys savings.
Government spending in particular also promotes idleness (for those who get a paycheck for doing nothing) and redirects work energies towards areas that are unproductive, by paying workers to do tasks that, rather than generate profits, generate losses. Similarly, it stifles innovation by taking R&D resources out of productive industries, and redirecting them towards unproductive ones.
zuiprax Spending can absolutely promote economic growth, we’ve seen it time and time again across the developing world and in the past of the developed world. Governments are by far the largest single spender in any economy, and using its control of the money supply to redirect economic activity can and does cause economic growth.
Government spending that puts money in the pockets of consumers is one of the best ways to break cycles of stagnation, as consumers are the most efficient wealth distributors in a market economy.
Control of the money supply also means reducing it when prices show that the market is too saturated with currency.
Edit: and to be clear, the wealth of a country is measured not in raw currency, but in its ability to produce goods and services for its consumers. The more produced per capita, the wealthier the nation.
Nothing quite beats the feeling of watching history matters while taking a dump
If only James Bissonette had sponsored the Argentinian government.
As an argentinian I came to this video thinking "oh well, here we go again, time to correct 1st world perceptions of our history", but that's actually pretty accurate... pls help me get the f*** away from here
It speaks a bit too well of Perón, though...
Really that bad?
@@sskuk1095 Even worse. Our vice president, who was president between 2007 and 2015, decided to get some judges off her own case, in which she's being investigated.
Think about that. A defendant decides to fire the judges of her own case.
This can't happen in a country that's not used to that sort of corruption after decades and decades of being fucked in the ass.
@@marianoclerici3986 you're goddamn right! Kirchner is a thief. Google is right about that too
Don't leave, stay and make it better. I want to return one day...
James bissonette is the only one who can save Argentina
Spinning 3 Plates can do it.
James bissonette for president 2023
I'm Argentinian so i don't know him
Don’t think I could handle the pressure!
@@jamesbissonette8002 : steaks, they are there. You can save Argentina!
Buenardo amigo.
Wait, this video is 2 years old? I thought it was released yesterday!
Argentina: falls short
Germany: hey I’ve seen this one
Nazis: good that it will be familiar because we are going to live there now.
@@sron-adharcach950 jajajajajj
As an Argentinean I have to say: This was actually a very fair and level-headed take on the situation.
Also, not a Peronist myself (and Peronism is indeed a very contentious topic to this day), but one has to understand one thing about Peronist doctrine: The man was convinced that WWIII was totally coming next week.
I mean, we had already seen how destructive world wars could be for Argentina's main markets. And now we were on the verge of another one. So he nationalized everything and tried to speed up industrialization because he honestly believed that soon we would either be fighting in a world war ourselves, or at least we'd have to rely on our own economy for another lengthy period of time.
Yes, none of this happened. But you have to admit, it seemed quite probable at the time.
Nunca había pensado en esto como una de las razones del Estado empresario peronista, muy buen análisis sin duda.
Look up Badempanada's video "The decline of Argentina: from riches to rags..?" - it thoroughly debunks the right wing myth that Argentina was ever a wealthy country. It had a very high gdp per capita in the late 19th/early 20th century because of a large agrarian oligarchy that exported more than half of the country's agrarian production to the UK and US while the population of Argentina was very low, so they seemed rich if one only looks at GDP per capita for the same reason Gaddafi's Libya seemed rich... (in that case because of oil exports and a low population)
Most of the population actually lived in abject poverty worse than under Peron in this period, and that becones abundantly clear if one looks at other indices of development like literacy and access to healthcare.
Do check the video for a far better analysis of it than I could provide in this comment!
@@Vict0r1984 who? the leftist nut?
Cheked the video, yet he forgot to mention the loads of social programs draining Argentinean economy. I wonder why.....?
@@MalekitGJ you yourself just omitted the role of the corrupt oligarchy that sold off Argentina's agrarian industries to the United Kingdom in exchange for (mostly) personal (not public) cash. That's akin to selling your family home and pocketing the cash yourself, while leaving your wife and two kids to share a bag of lettuce a day.
Yes, the social programs and rampant military spending cost the country a lot; but they were only part of the major issues that stem from a problem that infects a lot of Latin American countries: plutocratic oligarchy.
@@Thicc_Cheese_Dip yet, i didn't omit the case because Victor point was about: Only the Oligarchy has the fault, while ommiting years of social dependency syndrome.
It encompases EVERYTHING. The people stopped complaining when the goverment started to give food/care by the handful with no care about the spending, which in turn created generations of dead beats who only learned to strech the hand, since daddy goverment will solve everything.
Venezuela already falled on this, now its Argentina time...
I'm from Argentina. This country has been attacked sistematically by his own corrupts governments, financed by USA and the URSS (Terrorism) during a long time... Then, the same politics that cause so much pain in our economy, came back and generated the worse crysis in 2001...
Greetings and Happy New Year. 🇦🇷🥂
Great summary! very depressing ending being from Argentina myself though
Brazil: we can destroy our own country better than anyone!
Argentina: hold my beer.
Venezuela: lol, this was a competition?
Well... Vénézuela did receive a lot of help from the US attacking their economy (the US didn't really like the fact they nationalised petrol (Vénézuela being the world's first oil reserve... the US feels they have to bring "democracy" ...) and the fact they are hard-line socialists plus with their rich class deciding to cripple the country by not importing goods rather than help a hard line socialist government.
@@samdumaquis2033 lol what a pendejo but your not a venezuelan so you dont know. But American sanctions hurt but we did it ourselves. So don't worry keep thinking that.
@@samdumaquis2033 another tankie that never read Venezuelan history
no its not possible that brasil could collapse, wheres an independent amazonas? riograndese republic?
@@samdumaquis2033 lmao the sanctions came in 2016, until then the US was the biggest exportmarket for Venezuelan oil and at that point, people were already losing more than 10 kgs in weight on average in a year due to starvation because of the ruined economy. But it's more popular among left wing populists to just blame the US rather than face the truth which is the fact that best way to pull a country out of poverty are these 2 key factors:
1: Destroy corruption in your country
2: Supress the political left
Lee Kuan Yew in Singapore proved this
Argentina: "we have the worst inflation"
Germany in the 1930s: "No me!"
Venezuela: "Pathetic..."
@Revan mas bien loquita!!!
Zimbawe: Hold my beer
lmao, nah no one can beat venezuela in this deparment
There is something wrong here, *Venezuela is not poor because of itself*
@@joaquinrosales7393 Because of socialism, buisness and industry expropiation, idiotic rulers, narcotraffic and Cubans. Venezuela was the wealthiest country in south america after Argentina, they started to decline since Hugo Chavez an now they touched new deeps with Maduro and it's patethic government.
They got sanctions for falsificating elections and giving money and support to Colombian socialist guerrillas and prolonging our internal conflict, violence and suffering for decades. Maduro must pay.
The immigration was a big factor they had lots of immigration from Sicily and eventually Argentina started to be run like Sicily (High taxes being the best example).
That's nothing against Sicilians I myself have Sicilian ancestry but the similarities are startling between Argentina and Sicily.
Hello. I am Argentine, and as an Argentine I can say that my country has a lot of potential to become a power again, but there is a big problem that affects everything: Corruption.
Politics in my country has become something that only serves to earn millions of money without doing anything in return.
When politics stop being a business in Argentina, the country will grow.
Dice y vota a Milei
Argentine economy at the end of the 19th Century: vengo pisteando como un campeón
Argentine economy at the end of the 20th Century: y? arranca o no arranca?
franrobert80 I’m a little rusty on my Spainish. Translate, please
Alto comentario.
@@samiam619 Well, complicated. First of all: He's speaking not Spanish, but Argentine (before anybody gets violent, I mean he's speaking a very Argentinian Spanish). Second, he's referencing a couple of famous Argentine videos, so even if you knew perfect Argentine/Spanish, you would still need context.
No arranca
@@Ignacio.Romero deben ser las bujías...
Why Argentina declined? That's easy. Over-reliance on Messi and not producing enough good defenders did for them.
That’s works on two levels
I think it was more the cult of Maradona.
the over abondance of great forwards from 2008 to 2018 (messi, aguero, di maria, tevez, higuain, lavezzi, milito, pastore, dybala, icardi etc) stopped them from establishing a stable attacking line i think
their midfield also lacked in creativity compared to teams like spain, germany, belgium, even italy...
And finally their central defenders were old while their full backs simply sucked
but then again: countrary to messi, maradona was able to sublimate an imperfect team
If run by the rules, sure. Cristina Kirchner tried to pass legislation which would make the judicial system's appointments to its governing body through voting among presidential and congress elections. Which would have destroyed the independence of the 3rd power of the state (end of the republican system).
When a country is run by personalities, once that personality is gone, gone are their deeds. Which is why every new prez pretty much demolishes what the previous one did. During Cristina Kirchner's rule there was even chatter of a constitutional reform. Which in the end was brought to naught during the mid term elections. Rules here are flimsy. The monetary policy from the previous government turned 180º now, and most of the vices of the Kirchners in this subject are now in full force again. And it meant draining of reserves, creeping inflation, poverty, unemployment, business closing down, exporters not exporting because it became a fool's game, taxes through the roof; and craziness galore such as when they tried to expropriate a company that sold flour and vegetable oil to the world and was once a big player here.
Cristina is a thief. I hate her. And many people do. We just need to put her in jail. And the Supreme Court is about to do it for the charges she carries. theft for many years. justice is slowly being served in this country.
As an argentinian I have one thing to say: Help me.
In Latin America we say they traded their economy and stability for the world cup
Why is this so sad?
Oh yeah, is because I'am argentinian
Edit: Why this comment has so many likes?
Well we are so many that we could do an asado (barbecue).
Insted of using coal, we are going to use Pesos.
Same
Jsjsjs
Argentina was one of the richest countries in the world in the '50 thanks to the Peron goverment but neoliberals dictatorship broke down the country
Animo hermano!
@@u-1s2e3r4 sos un gran historiador amigo.
Up Next: How did post Napoleonic France feel about Napoleon having sold Louisiana to the US?
Probably didn't care that much considering the nation just had a crazy and violent revolution and was now under the control of essentially a military dictatorship while the whole of Europe wanted them dead. There were more important things to worry about.
@@nowhereman6019 plus exactly nobody lived in the Louisiana territories except for a few trading posts, the city of new orleans i guess, and a bunch of not-always-friendly native tribes... I mean, yeah, wow, what a loss to the average French person, right.
More like, how did Spain feel after Napoleon invaded, disposed their King, and installed his Reformist, Anti-slavery Brother on the throne, thus triggering the Loss of Span's Colonial Holdings in the New World.?
I'd assume pretty good. From what I'm aware, most people liked Napoleon, mainly because he kinda conquered most of Europe for France, at least temporarily. America was kinda Frances ally, what with Americans hating the British, France having given military aid to America during there revolution, and America giving France some aid during the revolutionary wars. Selling Louisiana also kept taxes low for the average french citizen, although obviously taking over most of Europe with a conscripted army was expensive enough that "low" is a relative term.
@@nowhereman6019 that, and the fact that Louisiana had been under French control for less than two years before Napoleon sold it, having been a Spanish colony in the previous 40 years.
It is often said that countries get the politics they deserve. That may be true. In this case, Argentina got precisely the politics the majority of the people voted for. And then they had to pay the consequences.....and their children, and their grandchildren, and ........
And then they kept electing it.
What about those who didn't vote for them
Hope to visit Argentina soon.
Hugs and kisses from Burzaco
"A county giving away control of its main export may seem like a bad idea, and that's because it is" I couldn´t stop laughing. Pretty much sums up Argentina
Argentina is brought to you by...RAID: SHADOW LEGENDS.
lolz
Long story short: disastrous government after disastrous government
Now that is just sad to see such a promising Nation decline
When you live in it is even worse trust me :)
Brazil:first time?
I know, right? I mean it has all the means to be a developed nation but it didn't. Sad.
Remember kids: don't vote for people who just promise free stuff.
@@santiago_n3651
Dont vote either lobby or murder your way
to success like the smart kids usually do.
This clip was posted on the 106th anniversary of the opening of the Panama Canal (August 15, 1914).
The Panama Canal is probably relevant to Argentina's decline, because it meant a substantial reduction of traffic in the shipping lanes off the coast of Argentina. Before the Panama Canal was opened, there was a well-established shipping route from the Pacific region (including the west coast of the Americas and the east coast of Asia), around Cape Horn, to the east coast of the Americas and the west coast of Europe. Argentina benefitted from its location on that shipping route, and the shipping traffic meant that there was a ready means for bringing Argentina's exports to foreign markets. After the Panama Canal opened, however, most of that shipping traffic shifted to the canal because it was faster and safer than going around Cape Horn. As a result, the shipping options available to Argentinian exporters were greatly reduced. That would have made exporting from Argentina more costly, thus reducing the profitability of Argentina's export businesses.
Wow! 1st time I hear of this VERY PLAUSIBLE explanation. It seems like an overlooked reason.
Interesting analysis indeed
That's a good argument for the decline of Argentina, however it's just a contributing factor not the cause. Argentina could've done some trade politics to work around this issue but alas the government was too corrupt and greedy to think of something effective.
@@SeeASquaRE "Probably relevant" means "contributing factor" for all intents and purposes...
Wow! Never thought of it that way…. I honestly think the problem in Argentina is the corruption. It’s culture has such a strong brand. Argentina is a boogie sounding name. But those politicians keep mismanaging the country. If they wanna make more money, then why not export more wine through the canal (for example)?
Good time to be recommended this
Que triste saber que mí país esta tan mal
Put a Peronist in charge of the sahara desert and you'll find yourself having a sand shortage in 3 days tops.
You will find him in the void, he spent all the sand buying air
We in Ukraine tell the same joke about commies. All “we know better than you” governments end up the same
Then the junta replaces him and somehow they replace the sand with dead bodies.
@@ShinSheel Do you guys have plans on taking back Crimea?
Nah, that happens with neoliberalism
Argentina should create an only fans account, and problem solved
@Omni Not quite, the AFIP & current govt put laws, to "eat" most of any external dollar income (around 65%) then they force you by law to exchange the remaining for pesos, but even then they tax your pesos 20% "for the greater good". And other social welfare.
Also if you have multiple sources dollar income, even if it's 1 dollar per "job". They can increase your taxes a bit more, or send the feds after you for "not wanting the greater good, by paying extra taxes".
So in other words, we're fucked unless we remove the corrupt politicians or move to another country with a degree.
Wouldn’t people just get around that by working in cash?
I think our "president" son has one
Oh God I hate this place
@@ddc2957 there are some youtubers that get their pay in apps, otherwise they would barely have any money if they got the money from the bank
@@che595 disgusting. Where?
sale ese matecito?
Argentina: a perfect case study in how to make a rich nation poor.
There are 4 types of countries, rich, poor, Japan, and Argentina.
- An economist in the 80s
@Tejas Misra and the Pope
@@ber15fu1 and what used to be Maradona
@@_NoName_314 really sad
-Simon Kuznets
What does that mean though?