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javiero's avatar

"In 1910, the average American was only 25% richer than the average Argentine.[i] Now it’s about 400%."

I think it's a bad idea to expect Argentina to go back in time and achieve anything close to that 75% (*). The causes for Argentina's previous wealth are no longer there:

https://www.mangosorbananas.com/p/why-argentina-is-not-rich

https://www.mangosorbananas.com/p/why-argentina-is-not-rich-not-enough

(*) And it was more like 62%, not 75%.

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