Why Argentina went from richest country to shithole - Lack of free trade,powerful unions,taxes,inflation and government gibs

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Hello Kiwis,many do not know this but Argentina wasn't always the shithole it is today,we were in the top 10 richest countries in the world from around the 1890 to the beginning of the 20th century,now our minimum wage is bellow 100 US dollars and we are in the middle of a covert hyperinflation,the relation between the Argentinian peso and the US dollar was 140 to 1 one month ago and now its 180 to 1,and it was only 49 to 1 in august 2019. We have the highest tax rate in the world(the GDP in the hands of the state is not higher because everyone evades taxes),we lost 3,7 million jobs due to the quarantine in a country of 45 million (the quarantine has been one of the longest in the world,our economy and freedoms destroyed),we have been decreasing in the GDP per capita rankings for decades and even Venezuelans that came here want to leave. So what happened to Argentina that caused it to be a shithole when it was so rich? I will give a brief summary,I wont expand too much on the points because it would be too long.

Our decadence was caused by the following:
-Having one of the most closed economies in the world when in comes to trade(we are at the ranking 149 out of 180 when it comes to economic freedom)

-The state provides so much power to the unions that if an employer hires someone he is basically adopting a child and all of the work regulation plus power of the unions makes it so labor costs are impossible to afford

-The state always has fiscal deficit and this fiscal deficit is financed by printing money which has caused Argentina to have hyperinflations every so often(for example we had 5 different currencies because inflation is so high we need to start all over again)

-More recently the Nestor Kirchner government and his wife Cristina over the last years has increased public employment and welfare in astounding numbers,there is more people collecting welfare and working for government that people working in the private sector so they have secured themselves a voting base no matter what because all the people that do nothing working for government or that collect welfare will never vote to stop the gibs.

Free trade(or the lack of it):Argentina at its peak was a country that lived of farming exports like cow meat and various crops,this is what got us to be so rich but at some point of the beginning of the 20th the idea of closing the economy started to gain popularity and this was because when there was a global crisis countries closed their economies and stopped buying our products,so the argument was "lets produce things in the country so this doesn't happen anymore",the problem with that was that instead of focusing on producing what creates the most wealth for us we started producing shit industrial products that no one in the world would buy (Except for Argentinians because we were forced too). Why are the products so bad? Because if you force people in the country to buy products made in the country why would the products ever be good? You don't have competition so no need for them to be good.

This also has another problem,free trade is objectively good because it makes each country focus on producing what they are best at and trade those things to obtain what they need,so with free trade we all get more stuff (which equals to more GDP growth) without free trade you get the opposite effect because resources don't go where they are most productive. The most productive sector in the economy in Argentina are farms and they are taxed in the 80ish%,those taxes are used to finance Keynesian economics and they get their US dollars stolen(converted to pesos),the US dollars are used for the shitty industry to buy supplies that are used to produce inferior products no one wants. People like this because they are brainwashed and think national industry = good and farming = evil archaic oligarchy.

Work regulations and powerful unions: The unions have a lot of power,but that's not random,they have that much power because the state gives it to them. Unions can at any point strike and make companies lose production,it is almost impossible to fire an employee and only the biggest union in the sector can strike or do other things that the state gives them power to do (this is called "unicato sindical" or single union), this means that there are huge unions that have all the power since they have no competition,also the unions are the ones that provide healthcare and force the employee to pay for the union healthcare (the employee can't choose to use the money to hire his own healthcare). Unions also force employees to pay for things like funerary insurance,life insurance,etc. in order to steal money from the employees. Also there is an industry of trials where employees sue their employer with very little reason and because the law is so skewed in their favor they win,one of my daughters of my mom friends literally gets a job,waits for the 3 months trial time to expire and then does everything wrong on purpose until she gets fired and then sues.

The work regulations are too much for most employers so they rather pay under the table and that's why about 30% of employees are not formal employees,they are hired illegally. Also the state forces the companies to pay too much taxes for each employee they have and that why also they pay under the table. Unions also hate free trade (and this happens everywhere in the world not just here) because free trade equals less money for the company they work for which equals less money for them,its no coincidence that Argentina has such powerful unions and our economy is one of the most closed ones in the world.

Fiscal deficit: The state always runs on a deficit in Argentina,this deficit is paid for either with inflationary tax or with debt. The state uses inflation to finance the fiscal deficit with inflation until it gets to a point where its unsustainable and we have a hyperinflation,then we have a new currency and start all over again. This inflation is bad because no one saves money,in order to produce more there needs to be investment and in order to be investment prior to that there needs to be savings,in Argentina there are no savings since no one has Argentinian pesos in the bank because you get much less money than inflation and therefore lose a good chunk of your money,so what happens is that everyone buys US dollars either from the banks or in the black market,and once they do they put it in a box in the bank or under the bed. The amount of money in the bank in Argentina is only 14% which is equal to an African country. There reason why people don't put their US dollars in the bank is because the government will steal your US dollars and give you pesos(a much smaller amount of pesos than you should btw),in 2001 the government stole the US dollars that the people had and gave them pesos,therefore no one has US dollars in the bank (only ignorant people do,and the government stole them shortly after the senate voted a law that said that the government couldn't do that,so that's a good example of why the government does what the fuck they want regardless of what the law says).

Welfare,public employment and general Keynesian shit: All governments in Argentina have a Keynesian view on how the economy should be ran,its all spend,spend,spend. Taxes are high so the government can have as much money as possible to have public employees that do fuck all but they use the argument of "we are creating jobs" not realizing that every dollar in the hands of the state is one less dollar in the private sector that would have gone to creating jobs,the same thing for welfare,there are literally millions of people on welfare in Argentina and people on welfare can make more money than doctors. For example you have your regular welfare plan (which you only get if you are politically connected and go to protests),then you have a welfare for people that have children and are unemployed or get paid under the table,then you are a welfare for those same people if they have 5 children or more,they you have food stamps,subsidized electricity,subsidized housing and a bunch of other shit and boom,a guy on welfare makes more money than a doctor. There are millions of people like that and the retards can't even speak properly,have no reading comprehension and they hate the middle class people that pay for their welfare. There are more people working for government and on welfare than workers on the private sector and this has happened in the last 17 years or so,so now the left will always will because if your political platform is to reduce spending so taxes can be reduced and Argentina can grow you will never get elected because people will never vote to stop getting gibs for gubmint.

On top of all these problems add cultural Marxism which is prevalent to the point where the Overton window is extremely to the left. You have hate for the middle class and the rich,hate for people that are educated,hate for working,hate for the first world,justification for criminals(they dindu nuffin),rampant feminism,everything should be provided by government,etc.

Whats the summary? Argentina has one of the most closed economies in the world which doesn't allow our resources to be used to produce what we are most efficient at which keeps us poor, unions are extremely powerful and there are so much regulations related to labor that no one wants to invest and 30% of employees get paid under the table,the state has a huge fiscal deficit which is payed with either debt or inflation and this causes hyperinflations that destroy the economy,no one saves in pesos because inflation is so high so everyone buys US dollars that are put under the bed or in boxes in banks because if you put it in the bank the government will steal it so there are no savings which are necessary for investment,taxes are extremely high(highest in the world) which causes that no company can arise since its impossible to be productive with this level of general regulation,work regulations and taxes, also the country now its trapped in socialism because the amount of people living of gibs is bigger than the amount of people working in the private sector so no one will ever vote for reducing taxes and regulations(which is what we need) since that would mean less government employees and welfare and no one is going to vote for free trade because unions are so powerful they would do general strikes(its not in the interest of unions to have free trade since inefficient Argentinian companies would bankrupt).

I hope you enjoyed reading and can make some parallelism to your own country,remember government always fucks everything up and doubles down on their fuck ups(they do this because they will never bring themselves to admit that if they did nothing things would be better and society would be better without them). If you are an Argentinian living either here or outside the country remember to vote classical liberals or the right wing in the next election.
 

SIGSEGV

All statements made by this account are fiction.
True & Honest Fan
kiwifarms.net
You subhuman baboon. You literal nigger.

How dare you speak, you swarthy jungle monkey. How dare you open your big lipped, rim encrusted, menthol cigarette smelling mouth?

You are human trash, Diego Tyrone LeShawn de Maradona. Universally despised, derided and mocked. Your nationality and skin tone offers no hope to the world that South America can ever prosper. Crawl back in to the Brazilian jungle you came out of, you literal orangutan.

I hope you decide to sail your grandfathers skip to the Falklands and rape some sheep, as is in the negroes nature. It would still be the whitest pussy you ever had. Give Nigel and Robert a chance for some target practice, your sole use to the world. Argentinians obsession with a few windswept islands in the Atlantic is hilarious but sad. Coincidentally its the only worthwhile contribution Argentina has made to the medical field. The MUH LAS MALVINAS sentiment in the average negro Argentinian is both an early warning sign of autism in children, and early on set Alzheimer's in adults.

Take your black hairy fingers off your keyboard, and never talk about the human species again, you mockery of our supposed shared ancestor.. No amount of olive oil and wheat flour slabbed on your face every morning will make you white. It's about as delusional of an idea as your daydreams of European heritage.

You nigger.

You make Bolivia look like a beacon of civilisation.

You are the Baltimore of South America.

Go fertilise the pampas with you and your families corpses, its the best you can hope for in life. For the first time in your life, nigger, you have a job making food for beings vastly superior to yourself. Uruguayan cattle. Coincidentally, it would be the first time an Argentinian "man" provided for a family.

Die, Diego. No one would miss you. Except for Australian Aboriginals, who now would have no one to make them look good.
Thank you so much for giving me an opportunity to use this pasta for its intended audience.
 

Μusk

kiwifarms.net
You subhuman baboon. You literal nigger.

How dare you speak, you swarthy jungle monkey. How dare you open your big lipped, rim encrusted, menthol cigarette smelling mouth?

You are human trash, Diego Tyrone LeShawn de Maradona. Universally despised, derided and mocked. Your nationality and skin tone offers no hope to the world that South America can ever prosper. Crawl back in to the Brazilian jungle you came out of, you literal orangutan.

I hope you decide to sail your grandfathers skip to the Falklands and rape some sheep, as is in the negroes nature. It would still be the whitest pussy you ever had. Give Nigel and Robert a chance for some target practice, your sole use to the world. Argentinians obsession with a few windswept islands in the Atlantic is hilarious but sad. Coincidentally its the only worthwhile contribution Argentina has made to the medical field. The MUH LAS MALVINAS sentiment in the average negro Argentinian is both an early warning sign of autism in children, and early on set Alzheimer's in adults.

Take your black hairy fingers off your keyboard, and never talk about the human species again, you mockery of our supposed shared ancestor.. No amount of olive oil and wheat flour slabbed on your face every morning will make you white. It's about as delusional of an idea as your daydreams of European heritage.

You nigger.

You make Bolivia look like a beacon of civilisation.

You are the Baltimore of South America.

Go fertilise the pampas with you and your families corpses, its the best you can hope for in life. For the first time in your life, nigger, you have a job making food for beings vastly superior to yourself. Uruguayan cattle. Coincidentally, it would be the first time an Argentinian "man" provided for a family.

Die, Diego. No one would miss you. Except for Australian Aboriginals, who now would have no one to make them look good.
Thank you so much for giving me an opportunity to use this pasta for its intended audience.
Fresh off the boat, from reddit, kid? heh I remember when I was just like you. Braindead. Lemme give you a tip so you can make it in this cyber sanctuary: never make jokes like that. You got no reputation here, you got no name, you got jackshit here. It's survival of the fittest and you ain't gonna survive long on 4chan by saying stupid jokes that your little hugbox cuntsucking reddit friends would upboat. None of that here. You don't upboat. You don't downboat. This ain't reddit, kid. This is 4chan. We have REAL intellectual discussion, something I don't think you're all that familiar with. You don't like it, you can hit the bricks on over to imgur, you daily show watching son of a bitch. I hope you don't tho. I hope you stay here and learn our ways. Things are different here, unlike any other place that the light of internet pop culture reaches. You can be anything here. Me ? heh, I'm a judge.. this place.... this place has a lot to offer... heh you'll see, kid . . . that is if you can handle it...
 

SIGSEGV

All statements made by this account are fiction.
True & Honest Fan
kiwifarms.net
Fresh off the boat, from reddit, kid? heh I remember when I was just like you. Braindead. Lemme give you a tip so you can make it in this cyber sanctuary: never make jokes like that. You got no reputation here, you got no name, you got jackshit here. It's survival of the fittest and you ain't gonna survive long on 4chan by saying stupid jokes that your little hugbox cuntsucking reddit friends would upboat. None of that here. You don't upboat. You don't downboat. This ain't reddit, kid. This is 4chan. We have REAL intellectual discussion, something I don't think you're all that familiar with. You don't like it, you can hit the bricks on over to imgur, you daily show watching son of a bitch. I hope you don't tho. I hope you stay here and learn our ways. Things are different here, unlike any other place that the light of internet pop culture reaches. You can be anything here. Me ? heh, I'm a judge.. this place.... this place has a lot to offer... heh you'll see, kid . . . that is if you can handle it...
1603415201595.png

I already have that one, bro.
 

Milkis

We're living it
kiwifarms.net
your country's currency was used in a physics paper i read as an example of a gauge invariance, where it got rescaled several times (eg peso to austral) but its relation to other currencies didnt change (it was shit before and it was shit after)
 

Krystal

Please don't look up porn of me.
kiwifarms.net
You fool @SIGSEGV, should've used the Spanish one instead.

Mandril infrahumano. Negro literal.
¿Cómo te atreves a hablar, mono selvático parduzco? ¿Cómo te atreves a abrir tu jetona, costrosa y mentolada boca?
Eres basura humana, Diego Tyrone LeShawn de Maradona.
Despreciado, burlado y ridiculizado universalmente, tu nacionalidad y tez no ofrecen esperanza alguna al mundo de que Sudamérica pudiese siquiera prosperar. Arrástrate de vuelta a la selva brasileña de la cual viniste, orangután literal.
Espero que decidas navegar al recorrido de tus abuelos a las Malvinas y violarte unas cuantas ovejas, tal cual es la naturaleza del negro. Esas aún serian la conchas más blancas que te hayas cogido. Sé un buen blanco de tiroteo para el Nigel y el Robert, que ese es tu unico propósito en el mundo.
La obsesión de los argentinos con unas meras islas ventosas en el atlántico es graciosísima pero triste. Casualmente, es esa la única contribución de Argentina a la medicina. El sentimiento de "AY, LAS MALVINAS" en el zambo argentino promedio es tanto una señal temprana de autismo en niños como el inicio temprano de Alzheimer en mayores.
Deja tus peludas manos negras del teclado y nunca vuelvas a hablar de la especie humana de nuevo, burla de nuestro supuesto ancestro común. No hay cantidad de aceite de oliva ni harina de trigo esparcida en tu cara todas las mañanas que te haga blanco. Es una noción tan delirante como tus sueños de ser de descendencia europea.
Negro de mierda.
Haces que Bolivia parezca un ejemplar de la civilización.
Eres el Baltimore de Sudamérica.
Ve y fertiliza las pampas contigo y los cadáveres de tu familia, que es lo mejor que puedes llegar a ser en la vida. Por primera vez en tu vida, negro, trabajas haciendo comida para seres vastamente superiores a ti, ganado uruguayo. Casualmente, esa sería la primera vez que un "hombre" argentino ayude a su familia.
Muere, Diego. Nadie te extrañaría. Excepto por los aborígenes australianos, quienes se quedarían sin nadie que les haga ver bien.
 

SIGSEGV

All statements made by this account are fiction.
True & Honest Fan
kiwifarms.net
You fool @SIGSEGV, should've used the Spanish one instead.

Mandril infrahumano. Negro literal.
¿Cómo te atreves a hablar, mono selvático parduzco? ¿Cómo te atreves a abrir tu jetona, costrosa y mentolada boca?
Eres basura humana, Diego Tyrone LeShawn de Maradona.
Despreciado, burlado y ridiculizado universalmente, tu nacionalidad y tez no ofrecen esperanza alguna al mundo de que Sudamérica pudiese siquiera prosperar. Arrástrate de vuelta a la selva brasileña de la cual viniste, orangután literal.
Espero que decidas navegar al recorrido de tus abuelos a las Malvinas y violarte unas cuantas ovejas, tal cual es la naturaleza del negro. Esas aún serian la conchas más blancas que te hayas cogido. Sé un buen blanco de tiroteo para el Nigel y el Robert, que ese es tu unico propósito en el mundo.
La obsesión de los argentinos con unas meras islas ventosas en el atlántico es graciosísima pero triste. Casualmente, es esa la única contribución de Argentina a la medicina. El sentimiento de "AY, LAS MALVINAS" en el zambo argentino promedio es tanto una señal temprana de autismo en niños como el inicio temprano de Alzheimer en mayores.
Deja tus peludas manos negras del teclado y nunca vuelvas a hablar de la especie humana de nuevo, burla de nuestro supuesto ancestro común. No hay cantidad de aceite de oliva ni harina de trigo esparcida en tu cara todas las mañanas que te haga blanco. Es una noción tan delirante como tus sueños de ser de descendencia europea.
Negro de mierda.
Haces que Bolivia parezca un ejemplar de la civilización.
Eres el Baltimore de Sudamérica.
Ve y fertiliza las pampas contigo y los cadáveres de tu familia, que es lo mejor que puedes llegar a ser en la vida. Por primera vez en tu vida, negro, trabajas haciendo comida para seres vastamente superiores a ti, ganado uruguayo. Casualmente, esa sería la primera vez que un "hombre" argentino ayude a su familia.
Muere, Diego. Nadie te extrañaría. Excepto por los aborígenes australianos, quienes se quedarían sin nadie que les haga ver bien.
I don't speak Taco Bell.
 

Tim Buckley

Loving Every Second
kiwifarms.net
They sold their souls to Peronismo, over and over again, no matter how hard it fucked them in the ass, they kept doing it, they gleefully allow the same dick to fuck them in the ass for generations, no lube and then they have the audacity to ask why their ass bleeds so much.

Argentinians make Peruvians look like a high IQ superior race.
 
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HolocaustDenier

MEEEEEEEE REEEEEEEEEEEEEE
kiwifarms.net
Keynesianism, trying to finance every "social right", im from Chile and we don't have free education, lots of people go to study there and come back here to make money... Argentina has to finance every bum studying sociology and useless careers , etc...
BOMB THE CENTRAL BANK
1603420679864.png

(we are voting to change our libertarian constitution this Sunday, populists here want to be like Argentina , everyone equally miserable, South America is doomed, people are retarded and will vote for the first populist promising free shiiet)
 
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Hellbound Hellhound

kiwifarms.net
Your account of why your country declined completely rewrites history by ignoring the fascist coup of 1930, and the decades of political instability and intermittent military dictatorship which inevitably followed. Moreover, your understanding of the economic factors is particularly woeful:
Welfare,public employment and general Keynesian shit: All governments in Argentina have a Keynesian view on how the economy should be ran,its all spend,spend,spend.
Someone has obviously never read Keynes.
 

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