Argentina was one of the richest countries at the beginning of the 20th century

I’ve long been fascinated by places that are past their glory days. Budapest is like that. Buenos Ares is intriguing, but doesn’t feel so much past as startlingly old world.

I wonder what happens to countries that causes them to fall behind. Maybe political turmoil. Maybe sometimes the world moving on without them. Maybe sometimes poor policy choices.

I wonder if we can learn from past mistakes or are forever doomed to repeat them.