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Post being replied to
Argentina had a bigger per capita GNP than the US until 1932 by BeijingIrish
They have done nothing since then except to squander every advantage that should have propelled them into the ranks of developed countries. They enjoy abundant natural resources, including oil and gas; they have a small, literate, European population; they feed themselves and export the rest; etc. Yet, they present themselves to us as a permanent ward of the IMF and other multilateral institutions. They stand there, hand extended, either begging for new loans or demanding forbearance.