From: xavier (tikka@mac.com)
Date: Sun Jan 12 2003 - 21:58:28 MST
Hi Lee,
I start with BBC News Country Profiles: In-depth for most historical
data.
Below I have referenced the Timeline for major events in Argentina for
you.
Hope this helps,
scirelicet
http://news.bbc.co.uk/1/hi/world/americas/1196005.stm
On Sunday, January 12, 2003, at 11:11 , Lee Corbin wrote:
> In 1900, Argentina was the 6th wealthiest country in the world.
> What happened?
>
> Does anyone know of a book that chronicles all the bad moves
> made by that nation?
>
> Yes, it's usually best to focus on wealth creation, and to regard
> poverty as mankind's default state. But the rapid decline of a
> once-mighty economic power must contain valuable lessons.
>
> The latest mistake was apparently taking the peso off the
> dollar, which instantly cheated thousands of deep pockets
> out of 3/4 their wealth. And, more importantly, sent the
> message that capital that wished to survive had better
> flee the country.
>
> I heard also that the government had agreed to pick up
> the bill for any cosmetic surgery desired by a citizen.
> This is starting to sound like a case where the usual
> damage inflicted on an economy by socialist tendencies
> turned out to be too much, and killed it off. In other
> words, the government spent itself to death. And had
> to start printing pesos?
>
> Lee
>
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