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Originally Posted by bu((aneer
Back during WW2 Argentina offered a better standard of living then Australia and Canada! However nowadays outside of BS AS there is little infrastructure! 
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It is true, Argentina was # 6 country of the world, to make history short: That was during Peron government, instead of investing in technology and education he gave things for free with Evita, to the poor people: houses, clothes, etc, so they emptied the reserves of the country. He did good things and bad things, but he had a unique opportunity he wasted.