From Conversations With Casey:

The Argentine government has been amazingly stupid over the last 60 years, destroying the currency repeatedly, among other things. Now the U.S. government seems to be taking lessons from them.

But on the plus side, the average Argentine has little love or respect for the government; most of them are transplanted Italians who seem to have a natural aversion to taxes. It’s demographically about the most European country in the world and socially very stable.

Further, Argentines long ago learned how to deal with the nonsense the government specializes in; Americans have just enrolled for what’s going to be an unpleasant learning experience.

One of many things I like about Argentina – and I’ve been to 175 countries and lived in 12 – is its extremely low cost of living, combined with a very high and sophisticated standard of living. That’s why we chose Argentina to build what I intend to be the finest residential resort in the world. Check it out at laestanciadecafayate.com.

Crux note: The brand new Conversations with Casey is required reading around the Crux office. It's free, and a subscription comes with Doug's brilliant "The End of the Nation State" report. You can sign up here.

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