Everywhere we look we see bureaucracies committed to doing as little as possible as badly as possible while blaming everything that goes wrong on a lack of funding.
The lesson from Argentina goes back to the post-war Peronist years of plenty when the country was feeding war torn Europe after an equally prosperous pre-war period. Once Europe was no longer reliant on Argentina, the treasury emptied but the spending didn't stop.
What happened then? Years of economic instability which continue to this day. It's a lesson Europe shd heed.
It's all go so terribly well in Argentina too: https://www.reuters.com/world/americas/mileis-austerity-seen-pushing-half-argentina-into-poverty-2024-09-26/
The lesson from Argentina goes back to the post-war Peronist years of plenty when the country was feeding war torn Europe after an equally prosperous pre-war period. Once Europe was no longer reliant on Argentina, the treasury emptied but the spending didn't stop.
What happened then? Years of economic instability which continue to this day. It's a lesson Europe shd heed.