Are we the next Argentina? top 5 economy --> 50% poverty
In 1913, Argentina was the place you moved to for opportunity. Top 10 GDP per capita. Massive immigration boom. Ahead of Germany and France. Nearly toe-to-toe with the U.S.š Today? Over half their kids live in poverty. The currencyâs a meme. And 9 sovereign defaults later, investors treat it like their toxic ex who keeps saying âtheyâve changedâ²âťâ´. Argentina isnât an outlier, itâs what happens when a country ignores compounding debt, prints to delay the pain, and convinces itself thereâs always more time. And if you zoom out, youâll realize: America is on the same curve. Just further to the left. T his isnât some far-off hypothetical. If we look at the math & the data, itâs the logical outcome of policies weâve already put in motion. In the next 5 minutes, weâre going to unpack: - What really broke Argentina - Where the U.S. sits in that same cycle (spoiler: weâre on Step 4 of 7) - What happens next if nothing changes - And the only playbook that actually puts you ahead, not just afloat Letâs get surgical. The Debt-Inflation Spiral, in Plain English Hereâs the loop Argentina couldnât escape: 1. Spend more than you make 2. Borrow to fill the gap 3. Hit the borrowing wall 4. Start printing 5. Spark inflation 6. Elect populists who promise to âfix itâ with more spending 7. Collapse confidence Sound familiar? Weâre already at #4. - **U.S. debt-to-GDP: 123%**âľ - **Annual deficit: $2T+**âś - Interest payments now > Medicare or Defense⡠- And most people still think buying more ETFs will fix it If youâve ever heard the phrase âslowly, then all at once,â This is the âslowlyâ part. Inflation: The Slow Leak That Sinks the Boat The U.S. isnât going to announce a default. Weâll just do what weâre doing now: print to stay solvent. And that means the default happens through your wallet. The numbers: - At 3% inflation â You lose 25% of your dollarâs value in 10 years - At 5% â You lose 62% in 20 years⸠- At 7â13% (1970s levels) â Youâre cooked