this post was submitted on 11 Apr 2025
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[–] Jumpingspiderman@lemmy.world 2 points 6 months ago (1 children)

Wasn't Argentina a very rich country until the 1950s? Didn't Peron fuck the place up?

[–] grue@lemmy.world 4 points 6 months ago (1 children)

This article suggests the fucking up started in 1930:

Beginning in the 1930s, the Argentine economy deteriorated notably. The single most important factor in this decline has been political instability since 1930 when a military junta took power, ending seven decades of civilian constitutional government. In macroeconomic terms, Argentina was one of the most stable and conservative countries until the Great Depression, after which it turned into one of the most unstable.

[–] captainlezbian@lemmy.world 2 points 6 months ago

As an American I really don't like the writing on that wall