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.¹ Today? Over half their kids live in poverty. The currency’s a meme. And 9 sovereign defaults later, investors treat it like their toxic ex who keeps saying “they’ve changed”²⁻⁴. Argentina isn’t an outlier, it’s what happens when a country ignores compounding debt, prints to delay the pain, and convinces itself there’s always more time. And if you zoom out, you’ll realize: America is on the same curve. Just further to the left. T his isn’t some far-off hypothetical. If we look at the math & the data, it’s the logical outcome of policies we’ve already put in motion. In the next 5 minutes, we’re going to unpack: - What really broke Argentina - Where the U.S. sits in that same cycle (spoiler: we’re on Step 4 of 7) - What happens next if nothing changes - And the only playbook that actually puts you ahead, not just afloat Let’s get surgical. The Debt-Inflation Spiral, in Plain English Here’s the loop Argentina couldn’t 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 “fix it” with more spending 7. Collapse confidence Sound familiar? We’re already at #4. - **U.S. debt-to-GDP: 123%**⁵ - **Annual deficit: $2T+**⁶ - Interest payments now > Medicare or Defense⁷ - And most people still think buying more ETFs will fix it If you’ve ever heard the phrase “slowly, then all at once,” This is the “slowly” part. Inflation: The Slow Leak That Sinks the Boat The U.S. isn’t going to announce a default. We’ll just do what we’re doing now: print to stay solvent. And that means the default happens through your wallet. The numbers: - At 3% inflation → You lose 25% of your dollar’s value in 10 years - At 5% → You lose 62% in 20 years⁸ - At 7–13% (1970s levels) → You’re cooked