Argentina, Mexico and even fucking Peru were richer than Spain few decades ago

>1960
en.wikipedia.org/wiki/Spanish_miracle

Franco opening up the country

In Galicia a lot of people migrated to Argentina back in 40s and 50s,fortunately my family didn't do that

This happened in Portugal too,we grew at 14% per year before 1974 when democracy came

The US, authoritarian governments and revolutionary left wing terrorism

socialism

The US, authoritarian governments and revolutionary left wing terrorism

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so are galicians to blame?

I wonder how many poor Spaniards fell for the Latin America meme

galicians and italians started to move there

Dey stole our gold and shieeeeeeet

There's 1 million portuguese in Venezuela
At that time Venezuela was one of the most promissing south american countries with huge oil reserves and exports and a ever growing gdp per capita

You are retarded if you think spaniards/italians/frenchmen that emigrated to latin america and their descendants are living in some shitty ass rural village in the middle of the jungle

Most of them integrates into the middle and upper middle class, some exceptions even made it all the way to the top and mow work as diplomats and shit, they cerrainly have betrer lives than a shithole like Romania

who knows

Yes

>Tfw i have family who migrated to Peru
They seem to have quite a nice life especially since eversthing seems really relaxed there while life here is always so stressfull

*Everything

Oxapampa? Whats their lastname? Perhaps i know them

I have a friend called Rosemary Bottger Ashanaika, she is the weirdest mestizo she is dqugther of a german peruvian and an amazonean native, a lot of people like that seem to exist in the peruvian jungle.

People always make a big deal about japanese peruvians but we got more german peruvians, they just moved to the jungle, stqrted prosperous agricultural communities and lead really laid back lifestyles now

Diehl they live in Lima tho

>fr*nco

Dont know any diehl, but yeah a lot of german peruviajs live in Lima too

Go back to the jungle non white mudshit

>poor Spaniards fell for the Latin America meme
Take a look at the history of world renowned latin american brands and trace their origins, almost all of their owners are Spanish (Bacardí for example).

I am not from the jungle, i am from the pacific desert

Shut up idiot
Yeah i was surprised by how many there were too they even had a german school

Meant for you

Yeah peru has roughly 350.000 german peruvians
Almost 2 million italian peruvians (not counting italomestizos)
250.000 peruvian japanese
1 million peruvian chinese

Idk if u guys know this but all of Latin America is on danger of being replaced by germans, the mennonite cllonies in uere have like 10 kids per marriage and refuse to integrate, they started being like less than 1000 and mow they are 3%of the bolivian and 5% of the paraguayan population, since latin american birth rates are almost below replacement rate, would menonites keep reproducing they would replace us by 2040

I would kick them all out, honestly it makes me sad that latin america could stop being latin

Literally cheap US debt for being good shills and selling them bases

We had to repay that debt in the 1980s when the dollars became expensive as fuck. Crashed our growth

Is it really that bad?
I know my geandfathers brother who came to peru in the first place had 9 children but none of them see themselfs as germans

I saw some pics from a village a while ago (in Colombia or Peru, can't remember exactly) and it looks just like Germany back in the day, pretty cool but weird at the same time.

Didn't it stop Japan from becoming bigger too?
The American fears strong countries

It was the based technocrats who fixed your economy.

how you can tell thats there something fishy with this
>spain had the 4th highest GDP under franco

>5% of the paraguayan population
Stroessner was of german descend...is it true?

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Esa carnada jaaj

Yeah normal germans are mot a problem, the problem is mennonites specifically since their religious dogmas impede tuem to even attempt to integrate

No es bait boludo

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Actual economist here. The real reason is that those countries are former colonies and their economies were built around producing raw commodities for export.

In the long term the real price of commodities falls compared to manufacturing goods so the terms of trade of those countries worsens. Combined with the generally low IQ of the local mestizo population that inhibits economic complexity and higher value added economic activity means those countries will always be generally poor only booming during temporary commodity price booms.

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Tres palabras:
Juan Domingo Perón

>greek economist

>WW2
>WW1
hmm

Spaniards went from an extraction model to a tributary model by the s.XVII and monopolized pacific trade
Latin American economies are are diversificating and industrializing consistently, and economies are still growing despite global recession, countries like DR dont even produce raw but are booming solely due to service markets
Adjusted to inequality mestizos in the US have higher IQ's than greeks, which have an average IQ of 92 despite living in way better conditions
>Greek economist
Oh the irony

Spain had a civil war. When you hit rock bottom it's not hard to greatly improve on the rebound.

You w as not to see shitty look at Venezuela over a similar time.

I met a Mexican who said a bunch of kids in his school were the children of socialist Spaniards who fled Franco's Spain. He said they wouldn't do things like say the pledge because it was "fascist".

>Socialists fled to a capitalist country
Really takes my gray cells for a hike...

jesus christ

alright, so i actually have no idea.
if you have the time, could you tell me what it was that peron did so wrong? (economically speaking, i mean)

in the 30s a military dictatorship overthrew the democratic goverment and reformed the goverment from a very free economy to a corporativist regime giving too much power to businessmen. That generated a lot of social instabilty, and Perón used it to come to power, but instead of going back to the free economy and tiny state, he gave a lot of power to the unions and increased the social spending.
We've been in decadence since then.

Socialist isn't communism, it can still have functioning capitalism. Also, apparently their new president is a socialist.

>Spain had a civil war
1936 was just the final nail in the coffin, we were decadent and falling hard long before that.

>what went SO WRONG?
Perón

>muh iq

>IQ meme

And into le trash it goes.

>Socialist isn't communism
it only takes a little push

Japanese autism stopped Japan

Populism, they crashed the economy by handing free money through state "jobs" and by making it impossible to invest in the country while encouraging everybody with money in the country to take the money elsewhere.

Retards

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Who?? Franco’s growth in the 1960s was a mirage and it stagnated in the 1970s with the oil crisis.

Franco controlled Spain from 1939-1960 without any substantial growth.

Now I see why Greece's economy is the way it is

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>Latin American economies are are diversificating and industrializing consistently

Wrong Latin American countries are actually deindustrializing or are trying to prop up local industry with import substitution policies. Economic complexity and integration into global value chains is falling as commodity exports temporarily increase. Latin American countries can never escape middle income status because there aren't enough high IQ managers and engineers and entrepreneurs to run a modern complex sophisticated economy.

We basically got to be the China of Europe for a brief period of time which was the doing of European companies doing the first wave of outsourcing. The government was as incompetent and inefficient as always but without EU gibs to waste.

this is correct, a lot of shitalians and spaniards like my grandpas were socialists, that's why they came here.

nah they fled because they were being persecuted in their country and weren't persecuted here, just like a lot of socialists fled in the 70's dictatorship because of socialist persecution.

what do you think socialism is?
you're very wrong by the way.

>I don't know the flynn effect: the post

>shitalians
fuck off, my grandparents were Italian fleding from war and they were hardworkers that left me and my family with a lot of money and properties. They bust their asses to have something, don't talk shit like that.

>Latin American economies are are diversificating and industrializing consistently.
Probably only in Brazil and Mexico you find real industry. Most Chileans even admit that problem and complain to the governmet for the lack of investment in creating copper related industry.
>economies are still growing despite global recession,
Yeah that's probably because we are getting more financial districs and enterprizes, no industry in the ecuation
>DR dont even produce raw but are booming solely due to service markets
That's because they knew how to use tourism and invest their money in education correctly. YOu're still right in this point tho

>shitalians weren't shitalians because they left their shitalian offspring "a lot of money and properties"

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mestizos literally have higher iq's than greeks

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>hardworking people are shit
>people that care about their lineage are shit
así estamos

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A lot of things.
>Clientelism and populism that made us invest a lot in social programs that we couldn't afford with such a weak economy.
>No investment to our industrial field, we instead relied only on raw materials.
>increasingly corrupt individuals started to get into office more frequently.
>When the military tried to industrial our economy they ended up fucking us even further by destroying our productive force.
>We had to re-do our economy in order to fit into an industrial market and increase our competitiveness, and this meant huge sacrifices that our leaders didn't know how to handle
That's our case at least, explained in a brief way, dunno about Mexico and Argentina.

and when exactly did I attack them for not being hard workers?
you've mentioned this twice already even though I never did, I think you're sensitive about it for some other reason.

>>When the military tried to industrialize our economy they ended up fucking us even further by destroying our productive force.

>latin american countries are deindustrializing

What the fuck am I reading? Greeks are weird man
>Latin American, the region where massive amounts of foreign investment for infraestructure development are being poured somehow has dropped in global market integration

you are right in that i should use some other word instead of industry, but the way i use it i was talking about any economic activity that is not extraction and raw exports

yes I am, I really loved my grandpa, don't call him shitalian.

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I sympathize but italian culture is disgusting.

untrue, they value family a lot. What's your family like user?

>what is mafia
they sure value family a lot, much more than we'd want them to.
my family is fine.

>m-muh heritage
nobody cares, you sensitive faggot

>italians that fled the war were all mafia
damn

is it true that argentines are italians speaking spanish

What the fuck goes on in the Falklands? Is it corporations or something?

yes

No

Small places are easier to manage

all argentines and like half of uruguayans

if by that you mean using the italian hand gestures and looks then yeah, sure.
otherwise, not even close, no.

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we speak swahili

think of it this way
the average argentinean has 8 great grandparents
3 of those were mestizos living in the country way before the migratory movements started
3 of those were recent italian inmigrants from the early 1900's
2 of those were recent spanish inmigrants from the civil war and the franco regime

overall, the average argentinean would be 45% spanish, 35% italian, and 20% native american and 4% black

>4% black
what?

Gdp per capita.
They probably found a lot of resources back when there was very few people. Once the population rose because more labor was needed to harvest the resources the per capita value sank normally. It's like stocks. Retracements and regression to the norm