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Old 01-19-2024, 08:06 AM
W921 W921 is offline
 
Join Date: Dec 2019
Posts: 1,563
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Quote:
Originally Posted by Drewski Canuck View Post
Argentina nationalized their citizen's US Dollar bank accounts for pesos.

And the people cheered.

Then they started nationalizing foreign holdings in the resource sector

And the people cheered.

Then they decided not to pay their foreign debt.

And the people cheered.

Then they wondered why no one would sell imports on credit and no one would invest in the country and why there were no jobs anymore.

And the people woke up to reality.

You see no matter what the ideology of the government the people are in it for themselves

When the apparent free ride is over and the socialist paradise does not deliver the people soon figure out that the government lies are to blame.

Drewski

I believe Argentina is now the poorest of poor.
Mass exodus from the country.
I believe average citizen gets $2 a month or something ridiculous to live on
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