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At one stage, Argentina was one of the richest countries in the world, now the nation is struggling to get its house in order. What happened?

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44 thoughts on “Why Argentina’s Economic Collapse is a Warning to the World

  1. Search Iran, Venezuela and Brazil. There is a kind of dumbness that reminds me of that piramids comparison, that it happens all over the world. If it's not comuniust ideas it's slam.

  2. Basically, the leaders have to be EXTREMELY incompetent to get to that point. You are giving MULTIPLE signs before the ship sinks. They basically watched the ship SINKING as she went down and did NOTHING to repair it. NOTHING.

  3. Argentina is the country most important of america latina
    possibly the unique with more whites descendants along with the south of Brasil and Uruguay and a white society in latin america. the rest of latin countries is very mixed with the 'native' or indigenous people

  4. Although we all love a good overview piece on YouTube – when it comes to lessons learned it would be better to have an analysis that actually showed how things could've been different – like less spending in one area and better management of valuable assets – its easy to say FISCAL DISCIPLINE is good – BUT HOW DOES A NATION APPLY it OR MOREOVER mis-APPLY it !? Examining this more closely is how we can actually learn from Argentina's disastrous century.

  5. Well, in The west we all know the “glory” of neoliberalism and how it will erode society. Buckle up Argentina! If you’re wealthy you will have a blast, and no one will be able to crawl over the new fences you just created. No more middle class and general prosperity.

  6. All so very nice but never mentioned how all of the coups were US backed, planned and sustained, how the IMF were the proposers of all those economic fallouts…

  7. Argentinian here 👋🇦🇷 don't listen to what socialists say, Argentina was ripped off for many years thanks to socialism, since we voted for Javier Milei we saw a change from all the past destruction, now we have to mantain that.

  8. Outside of the internal politics and economic factors, im sure our beloved united states had nothing to do with the military dictatorships that has plagued Argentina, right? 😊

  9. Argentinians for some crazy reason have always said they are the europeans of America meaning they were succsesfull
    they tried to look down at latinamerican countries reighbors like Chile Brasil and Mexico.
    I was borne in Mexico and always have seen progress of curse with our periods of dificult times
    Today Mexico is the example to follow for all the other countries in this continent.

  10. Its normal and in fact i expected it.
    Austerity Measures are always going to cause initial problems to the Economy.
    And the people will absolutely hate it.
    But it is necessary. We need to think beyond ourselves.
    Greece had to go through this shit. And it has taken them 24 years not to be better, just to get out of this mess.
    But if you get out of this mess the way Greece did, then the future is the limit.
    Argentina is attempting to do this.
    But it is human nature for people to get upset, angry and even start rioting.
    Austerity Measures cause this.
    Not all people are mentally strong, nor financially stable to survive an Austerity Period.
    We need to be cold and pragmatic.
    Just like China. They are the extreme example on how to fix your country.
    But are you willing to have 200 million people die of famine, disease and executions?
    Yes i take Argentina's and Greece's approach.
    It will make life difficult, but you can flee if things become bad.

  11. Y COMO ALGUIEN COMENTA POR AHI LAS CORPORACIONES VIENEN X LOS PAISES POR LO QUE MUCHOS MATICES SE PARECEN Y DENTRO DE ELLOS SIEMPRE HAY CIPAYOS DISPUESTOS HACER EL TABAJO DE LAS CORPORACIONES TRASNACIONALES LAS CORPORACIONES VIENE X LOS PAISES, E.E.U.U TAMBIEN ESTA ARUINADO SOCIALMENTE SINO QUE ALLI SE ESCONDE, EL ESTADO ALIMENTO A LAS CORPORACIONES DE MANERA COMPLICE , PERO SI EL MOSMO QUISIERA SE LES TERMINA LA JODA, DE DONDE OBTIENEN LOS CONTRATOS DE LOS GOBIERNOS EN SU GRAN MAYORIA. THE END

  12. CONTRARIO A LO QUE DICEN EL INFORME MUCHAS EMPRESAS TRASNACIONALES Y NACIONALES SE FAVORECIERON CON LA DICTADURA SUS DEUDAS FUERON PASADAS AL ESTADO OSEA SUS DEUDAS EN DOLARES FUERON PASADAS A PESOS PAGO EL PUEBLO Y MUCHOS DE ESTOS PICAROS SIGUIERON DISFRUTANDO DE VIVIR DEL ESTADO ES UNA VISION VISTA DESDE EL EXTRANJERO LO QUE SUCEDE EN LA ARGENTINA. LA FIRMA FORD FUE UNA COLABORACIONISTA DE LA DICTADURA ASI COMO LO FUE MERCEDES BEZ, COMO LO FUE EN CHILE ITT..LOS INTERESES DE LOS E.E.U.U SIEMPRE HAN INTERFERIDO DENTRO DE LA ARGENTINA FINANCIANDO CIPAYOS EN POS DE ESOS INTERESES. LOS E.E.U.U LO HACEN EN TODO EL MUNDO POSEEN UN GRAN PODER , PERO ESO NO SIGNIFICA QUE TENGAN UNA VERDAD, SON SOLO SUS INTERESES ,QUE NO SON LOS NUESTROS

  13. ENTRE 1880 Y 1930 LA BONAZA ECONOMICA FUE SOLO PARA UN GRUPO EN PARTICULAR LOS QUE CONSTRUYERON ENORMES MANSIONES MIENTRAS LOS DEMAS VVIAN EN ESTADO PAUPÉRRIMO. SUMADO A QUE RA UNA ECONOMIA PRIMARIA CARNES Y PRODUCTOS AGRICOLAS SUSEPTIBLES A LOS CAMBIOS VARIABLES DEL MERCADO INTERNACIONAL. HOYBSE CONTINUA CONBATIENDO CONTRA ESTA MISMA CLASE SOCIAL QUE PRETENDE DRMASIADOS PRIVILEGIOS ACOSTA DE LAS MAYORIAS HOY HAN MUTADO A OTRAS FORMAS DE EXTRACTIVISMOS PETROLEO GAS. EN BENEFICIO PROPIO, Y ENPOBRECIENDO LA POBLACION UN FALSO LIBERALISMO QUE ES Y FUE UNA MASCARA DEL SAQUEO PARA LA NACION ARGENTINA

  14. You know this video is about to spill a lot of BS just before the first minute. I'd love to see what real evidence this channel has to afirm that Argentina was a "developed, industrialized and weathy nation" just like Australia, Canada or the US. Its INSANE and completly fake to say something like that just by looking at a graph of (yes, I can't belive I'm gonna say this) FREAKING GDP PER CAPITA(??? Like… What??? Argentina never industrialized (I wish we did, you know), we just got really rich by selling meat and wheat to Europeans… Until they didn't need us anymore… That's the whole of it. No, sorry, that's not correct either. A very very few families got extremely awfully rich selling agricultural product while the rest of the population did whatever they could. Argentina was never rich, we just love pretending we were…

  15. Dude, wtf. Argentina is doing so much better with Milei, check the data. The Left drove Argentina's economy to the ground during last decades. This was so biased. Please do Venezuela.

  16. I tell u what happened. High taxes to pay Welfare for non white migrants from Bolivia, Peru and Paraguay. And a population with a brain washed mindset to suppourt leftist economic ideas. And of course Printing money as if there was no tomorrow because you need to suply food and free services to the ones who are not interested about working at all.

  17. Wann waren die Terror-Anschläge noch mal: 11. Sept. 1973 ? Nach Aufbaujahren folgt meist eine mehr oder weniger lange Phase von Wohlstand, aber diesen aufrecht zu halten, ist sehr oft schwierig.

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