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RE: LeoThread 2025-03-13 06:13

in LeoFinance7 months ago

Part 1/11:

The Sad Story of Argentina's Economic Decline

Argentina, once considered a rising star in the global economy, has undergone a disheartening transformation over the past century. What began as a burgeoning city rich with promise, where inhabitants were on track to rival the wealth of nations like Britain, has devolved into a narrative of stagnation and regression, marking Argentina as the only nation to transition from advanced to developing economy status. The question of "what happened?" looms large, leaving historians and economists to unravel the complexities behind this decline.

The Illusion of Prosperity: The Growth Miracle (1860-1929)