spoke this weekend with an Argentine friend of my brother and told me the funny thing is that when a country goes wrong partner "Economically it is usually good in sports.
I answered that yes, maybe Argentina Spain 2010 = 1978. I seems likely that the economic experience of Argentina during the 80's and 90's is what to expect in Spain in the next twenty years.
So tonight, before finishing the weekend, I began to play with the data from Angus Maddison and have produced this chart. My predictions, with no theoretical basis, economic or statistical, are therefore:
(1) Within 25 years, Spain has the same per capita income now (in 2003 per capita income of Argentina was less $ 8,000 per capita, as in 1978).
(2) Within eight years, Spain will win the World Cup again (Argentina won its second World Cup in Mexico in 1986).
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