What's wrong with Argentina?

shitalian genetics

Their goverment is very incompetent indeed, even without the socialist handouts they would manage to get nowhere and waste it/mismanage it some other way.

Was anyone really expecting us to pay in the middle of a global pandemic? It's not like we would have paid otherwise.. but still.
It's a partial default anyway.

Why not sell the debt to China and allow them some free trade in return?

They have. That's why there's a chinese military base in the western hemisphere

They are doing this because they want to priorize debt under foreign law. It was supposedly planned, and it won't really have giant repercutions.

interesting fact that Argentina used to be "first world" before crisis hit them hard

Honorary whites, that is the only thing you need to know about argentina.

Based, fuck paying debts

based

If I were Argentinian, I'd lease the hell out of the country, ensure propper taxation on said and related revenues, sit back, make trade deals, and relax. (And hope "feminists" didn't ruin the country with political immigration and hand-outs)

You realize you are dealing with argentinians right?

why not write 10 billions lmao

It's in dollars for a reason.

maybe people should stop lending them things

We defaulted 9 times, had 10 crisis in the last 40 years, have had an average inflation of around 80% for the last 100 years and still are way better off than Mexico. Makes you think.

>Be Sudaca oligarchy
>Spain bad
>Take out loans to pay your rebellion
>Start your country with a debt
>Be in a debt spiral since 1820
>refuse to do any structural reforms to create a middle class
>engage in retarded CIA geopolitics
Same happened to Gaygreece

Argentina is the reason why Italians and Spaniards should never mix

Argentina alredy did the structural reforms to create a middle class in the 1940s, that's not the problem at all

I thought that was Southern Italy

serious question why sudaca country cant be normal ? its a nice place with many resourse but some how they are shittier than eastern europe, whats the problem ?

Imagine if this was true.

Having lots of resources is a curse if you can't manage them

I unironically think that's Iberian model of colonization fault
Anglo colonies somehow were able to develop themselves and becoming first world countries.same with quebec even if they are top leeches of Alberta gibs
But former Spanish colonies were never able to properly deal with economic inequalities, industrialization,oligarchization of economy and so on

>leech
Bro they had it coming

The USA defaulted in 1790, 1861, 1933, 1979 and 2013. Americans spread neoliberalism to South America with violence and now you ask why they are a reflection of your own economic system? Argentina is just more transparent about the state of things. Maybe your government institutions should try a little more transparency so people don't start killing politicians in the upcoming depression/yet another collapse of capitalism that the federal reserve is desperately trying to obscure.

Argentina was fucked over ruthlessly by the IMF, you dumb cunts. Look who controls the IMF. I'll give you a hint: they're based in Washington.

Anglos will never forgive us for:
1. Taking nazis
2. Making them pay all their debt and nationalizing the railways after WW2
3. Invading some shitty islands
We got too cocky, this is what we gained.

France is the exact same though, except whenever the government decides to actually balance the budget they set everything on fire and only increase the damage to the economy.

Anglo colonies were shitholes for most of their lifespan. Spanish viceroyalties were at their richest when they were part of the Empire or inmediately afterwards.

Independence wars based on chauvinism and a privileged class wanting to defend its rights and American destabilization made sure they would never be anything but shitholes from now on.

t. Stavros Dolopolous

Seems like Argenigras didn't have that bad of a problem with debts until the 80s

>bring in Italians to improve your genetics
>they make you broke instead

>A century ago
Argentina has been shitting the bed economically since always, they went to wage war agains UK for a bunch of worthless islands just to keep population distracted from the mess the Junta caused.

Attached: C74DCB8C-CF99-4DCD-A07C-7F96DD530E27.jpg (1925x1136, 1.4M)

Australia at its worst was better than any shitty Spanish colony.

because unlike the usa they can't print dollars

No it wasn't. The Viceroyalty of New Spain was one of the richest regions of the world for quite some time.

Backed on gold, which Spain shipped all to the homeland. No actual industries were formed so it was never sustainable.

>Former spanish colonies defaulting constantly
Hmmmmmmmm I wonder why.

I feel bad for the young Argentine conscripts cynically flung to their deaths in what was essentially just a (failed) geopolitical stunt opportunistically performed for some cheap domestic political gain

>Backed on gold
Backed on plenty of resources.
>which Spain shipped all to the homeland
Anglo lies, plenty of resources remained on the viceroyalties to build infrastructure. The oldest universities and hospitals in the Americas were all Spanish.

Spain never had colonies, he wanted to build viceroyalties which acted like vassal states. Which proved to be their downfall since they generated a wealthy class that ultimately cut ties with the Crown.

>No actual industries were formed so it was never sustainable.
There was no concept of industry in the 17th century.

WWI fucked them hard, they built their economy on exporting food to Europe and all of a sudden Europe wasn't buying anymore so they just collapsed.

And they refuse to fucking admit it like 40 years later

Yes, until the american backed coup.

2013 wasn't a default, it was Republicans and Democrats playing political chicken in the face of a potential default before they ultimately agreed to raise the debt ceiling again.

>Plenty of resources
Like? The Colombian Exchange didn't benefit the Indios, only the Elites back home. There was no plan for a long term establishment, only exploitation. Combined with Spain's slow decline ever since the Iberian Union collapsed, the South American colonies were doomed to fail.

>this is what Argentina would look like today if Americans had just minded their own business

Attached: coruscant.jpg (1600x883, 214.72K)

It's true though, there isn't any blame on realpolitik but you have to admit your government neuters its continental competition to prevent any strong regional power to contest it.

WW1 didn't really fuck us as hard as the CIA backed coups. And the problem in the Great War wasn't that we couldn't export food, it was that we gave massive loans to Great Britain which they refused to pay. But it really wasn't that big of a problem, since we lend them money again during the second war, although this time making them pay it.

Not him but only an idiot would deny this

Argentina's economic implosion came long before America started fucking around in South America. They were as rich as Canada and Australia on a per capita basis in the early 1900s, with Britain investing a shitload into their industry/infrastructure, and they squandered that all on their own.
>your government neuters its continental competition to prevent any strong regional power to contest it.
Sure. But the US isn't entirely to blame here.

>Argentina announces default every decade
>It's still the most developed country in South America

how does this continent work

btw

>Argentina announces default every decade
>still someone wants to lend them money

how does this continent work x2

Why are our browntenian bros so bad with money. I get it the eternal a*nglo is not nice to them but still.