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How about you rebuild the US first?
I am in Argentina now. What I see imported from the US is mainly the style of squalor. The material, artistic and civic culture of the modern US is plainly disgusting. Gigantic soda bottles, barely humanoid blobs waddling around, homelessness, trash, funko pops, capeshit comics, old gas-guzzling cars. No sense of propriety and harmony. It's Latin America, after all, but that's also America, how low-functioning America works. More money won't fix it, and it's not like you have money anyway.
Isn't all that just generic late-stage capitalism in practice?
Not in Japan it's not. Culture interacts with this, as do policing styles and various other factors.
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You know America has ten times the GDP per capita of Argentina and six times the GDP per capita of Russia, yes? Like there are reasoned and informed criticisms you can make of the USA. 'Doesn't have money' is not one.
There seems to be such a huge split between the left and right on this!
From the left, I hear that Americans are broke. Living with their parents, no healthcare, no job (or a really crappy job), struggling to survive. The official statistics are either made up, or highly misleading (like, a handful of billionares have all the money while the rest of us have nothing).
From the right, I hear that America is the wealthiest country that has ever existed. Way more money than China or Europe. The economy has boomed thanks to Reagonomics, the Bush tax cuts, and Trumps... tweets. We can easily spend a trillion for Greenland, or missile defense, or battleships, or whatever, because we have essentially infinite money.
I think the libertarians are the most correct on this. Whichever party is currently in power will say we have plenty of money to pursue their goals. Whichever party is out of power will say that we're broke, we can't afford it, we need to pay down the debt, etc...
The left believes the US is broke because they pursue PPP minimizing lifestyles(living in NYC, grad school, etc).
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That's precisely the issue. America has GDP and tries to have more GDP. It doesn't have money. It is a country with a chronically negative current account balance, literally $40T in debt, it has less money than anyone. On top of that it consistently has horrible financial discipline and vulnerability to scams and corruption at home. It can't afford to invest into shitholes with dubious ROI, so it does not invest in them and instead robs allies blind, raises tariffs, extorts investment, tries to monetize everything (eg Golden Visa, Board of Peace). Why do you think there exists BRI, but all American attempts to Build Back Better World or whatever have withered on the vine? China has money. America is broke. The main way it can share prosperity around is to deficit-spend buying Argentinian goods. And unfortunately, it already has enough beef and soy.
The deficit isn’t a negative. It’s been a necessity for the US to run large deficits to finance global trade since everyone else needs dollars to trade with since it’s essentially the only “real” global currency.
In many ways it’s been a negative for the US because it’s made domestic manufacturing too expensive.
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The American market will swallow up beef at reasonable prices. Even a mild discount vs the very high US cost of production will enable functionally infinite sales. Soy and wine(the most visible Argentine product to the US market is, far and away, malbec), maybe not, but the limitation on Americans buying steak and brisket is budgetary, not consumption ability.
US has been a small beef market for Argentina. 70% goes to China. I'm sure it's not because Argentinian beef is too expensive for Americans right now.
We have quotas on Argentinian beef that pre-date Trump. Trump wants to quadruple the amount which I think is a good thing. In the past Argentina has had restrictions on beef exports and taxes because the domestic population gets angry if beef prices are high.
The most interesting thing about Argentina to me is it has some American similarities but rich people live in cities. It makes me curious how much anti-urban living in the US is just a result of the high crime rates following the Great migration.
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Are there any well-functioning places left that have those?
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Argentina (at least Buenos Aires) isn't cold enough for vodka and starvation. US-style squalor seems superior anyway.
Superior to certain death? For those homeless, I guess.
But hot places aren't doomed to have so much homelessness. It's mostly economic dysfunction.
Superior to Russian-style squalor.
Sure. When I went to Buenos Aires I stayed in Puerto Madero. The government borrowed shitloads of money to basically make a nice area of hotels and restaurants for tourists, and I doubt they're charging nearly enough to make that make any sense (though I imagine the incoming hard currency is enriching someone). I was in Argentina when they elected Milei, and the prices were still written in dry-erase marker in many places. Crazy stuff... but not surprising from a socialist (Peronist) government.
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