Oddbean new post about login | logout Why has the United States over the past century culturally declined worse than Argentina? Asking because we tend to think these things are downstream of money printing, and money printing in Argentina in this period was orders of magnitude worse than the US. But in terms of the average population, the masses, people seem to be in better health here, dress better, have less addictions and eat less junk. Is it the ability of printing a stronger currency? Massive corporations and using the American public as guinea pigs?
Uncontrolled emigration, Cuban influence is also underestimated
Emigration? Also what cuban influence, makes up for a tiny % no?
Cuba has many opinion brokers in North American universities and businessmen who promote the disaster that is currently occurring, including an opposition controlled by Havana as great representatives of the Cuban exile: the main reason that nothing is ever achieved in Cuba... all of this has increased in recent years. in the USA due to Bienen's open borders
Think in terms of debt. Argentina are big spenders (money printers), but they pay off their debt (meaning, they suffer the social costs of their money printing) more frequently. The US are also big spenders but to a much lesser degree, however, america carries forward their social costs for decades, adding interest all along the way An inevitable blowoff in the US is far more catastrophic than an inevitable blowoff in argentina
Not sure I see the connection with how it affected culture but appreciate your insight
Americas success was only a sort of drunken success. Where Argentina drinks, detoxes, resets, and suffers periodic hangovers, America drinks all the time, never has hangovers, "seems" happy and well...until one day when Argentina is going about their routine, and Americas liver fails.