Argentina Was Richer Than France. So Why 9 Defaults?
Map And Mint
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Argentina Was Richer Than France. So Why 9 Defaults?
100 просмотров · 6 дн. назад
Map And Mint
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100 просмотров · 6 дн. назад
In 1913, Argentina was one of the ten richest countries on Earth. It has also defaulted on its debt nine times. How did a boom become a pattern?
We compare Argentina's income per person with France, Germany and Australia from 1870 to 2022 using the Maddison Project Database, and trace all nine defaults from 1827 to 2020.
Chapters
0:00 Richer Than France
0:25 A Country Built on Steam and Ice
2:14 One Customer, an Ocean Away
3:45 The Year the World Shut Its Doors
5:30 Buying Back the Trains
6:52 The Fever That Never Broke
8:35 Money That Melts
10:00 One Peso, One Dollar
11:47 Default, Repeat
13:39 The Bet, a Century Later
#Argentina #EconomicHistory #Geography