Don't cry for me Argentina

They say history repeats itself. They also say something about broken records. Well.....

I liked this comment:

Argentina is very intriguing.

It is relatively well educated, and collectively stupid. Perhaps it is groupthink in Buenos Aires and the provinces, perhaps a false sense of entitlement that refrains people from lowering their expectations in face of harsh realities.

We used to joke, before the first collapse, that Argentinians, with their dollarized economy, were like kids "playing americans".

Now Argentina is going into the ICU yet once again. Yet once again they ignored inflation and will pay a steep price.

But this time even the Americans are playing Argentinians--ignoring the fuel of inflation that they've created and are bound to live with for a long time.