Argentine inflation exceeded 560% in 1976, making the economy effectively 'psychedelic' and ungovernable.
Snapshot · Fin vs History
Argentine inflation exceeded 560% in 1976, making the economy effectively 'psychedelic' and ungovernable.
Where this was said
At 4:52 · chapter starts 4:30
Switching to Argentina in 1978, the picture the hosts paint is one of almost incomprehensible chaos and violence. Inflation had exceeded 560% in 1976, a bomb was detonating somewhere in Buenos Aires every three hours, and political assassinations were occurring every five hours [1] — Horatio Gould "560% inflation in Argentina 1976: Argentine inflation exceeded 560% in 1976, making the economy effectively 'psychedelic' and ungovernable." 04:52 . Into this cauldron steps the military junta of Jorge Videla, who inherit the hosting rights from the previous government and view the World Cup as a propaganda opportunity. The junta would go on to disappear an estimated 30,000 people. Johan Cruyff refuses to travel after a kidnapping attempt on his family. The man responsible for building the stadiums is blown up in a car bomb hours before the opening match — possibly suicide, the hosts speculate, possibly just probability at work in a country detonating round the clock. Maradona is 17 and too young to play, but the foundations of his story are already being laid in a Buenos Aires shantytown where, as a child, he fell into a cesspit and almost drowned [2] — Fin Taylor "As a child in a Buenos Aires shantytown, Diego Maradona fell into a cesspit and nearly drowned, saved only by his uncle jumping in after hi…" 07:40 .
In 1976, a bomb went off in Buenos Aires on average every 3 hours, and there was a political assassination every 5 hours.
The Videla military junta that hosted the 1978 World Cup disappeared an estimated 30,000 people.
As a child in a Buenos Aires shantytown, Diego Maradona fell into a cesspit and nearly drowned, saved only by his uncle jumping in after him. Fin Taylor suggests this may be Maradona's Spider-Man villain origin story — and there was probably a lot of cocaine in the shit.
To reach the 1978 final, Argentina needed to beat Peru by at least 4 goals. They won 6-0. The alleged price: 35,000 tons of grain, $50 million in frozen assets released after the game, and a promise from the Videla regime to 'process' 13 Peruvian political dissidents — a euphemism for torture and execution.
Joel de la Garza noted that the CISO role is a relatively recent invention, with Steve Katz widely credited as the first-ever CISO.
Superficial adoption of electricity gave factories only 6% efficiency gains; fully redesigning factories around it delivered a 3x productivity improvement that powered 20th-century US growth.
Harold Ramis recounted that during Caddyshack filming, storms kept the cast cooped up in a Florida hotel for days, during which they partied and did drugs all day and night.
In the 1820s, China accounted for 25% of global economic output, making it the world's largest economic machine — a historical precedent for its current AI superpower ambitions.
66 Americans held hostage at the US Embassy in Iran were released after 444 days, within hours of Reagan's inauguration.
In the first round of the secret arms deal, 508 TOW missiles were transferred from Israel to Iran in exchange for hostage releases.
America secretly transferred 2,000 missiles and missile parts to Iran across 8 separate shipments over just over a year.
Despite all the missile sales, only 3 of the 7 American hostages held by Lebanese terrorists were ultimately released.
The CIA supply plane that blew open the scandal was flying at only 2,500 feet in broad daylight when it was shot down on October 5, 1986.
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