Leading economic expert Jim Rogers traveled to 150 countries over 150,000 miles in three years - follow his adventures here on FentonReport.
In this video Jim and Paige visit the Itaipu Hydroelectric station in Argentina.
Copyright Jim Rogers - provided as a special contribution to The Fenton Report. http://www.fentonreport.com
Argentina, officially the Argentine Republic, is a country in South America, constituted as a federation of 23 provinces and an autonomous city. It is the second largest country in South America by land area, and eighth in the world. Its continental area is 2,766,890 km² (1,068,302 sq mi), between the Andes mountain range in the west and the southern Atlantic Ocean in the east and south. Argentina borders Paraguay and Bolivia to the north, Brazil and Uruguay to the northeast, and Chile to the west and south. Argentina also claimed 969,464 km² (374,312 sq mi) of Antarctica, known as Argentine Antarctica, overlapping other claims made by Chile (Chilean Antarctic Territory) and the United Kingdom (British Antarctic Territory); all such claims have been suspended by the Antarctic Treaty of 1951. Argentina is the world's eighth-largest nation by area and the largest among Spanish-speaking nations, though Mexico, Colombia and Spain are more populous.
Argentina has the second highest Human Development Index level and the third highest Gross Domestic Product (GDP) per capita in purchasing power parity in Latin America. Argentina's nominal GDP is the 31st largest in the world; but when purchasing power is taken into account, its total GDP makes it the 23rd largest economy in the world.
The country is currently classified as an Upper-Middle Income Country or as a secondary emerging market by the World Bank.
@gatometalico
As a matter of fact, I am not sure if it was Brazil´s plan or just fear from Argentines, that Brazil, in the case of war against Argentina, could open the dam and the sudden water flow of the whole lake being emptied would cause massive floods downriver in Argentina.
good thing that is in the past and the countries are quite friendly now (except in football haha)
rogerpenna 1 year ago
@gatometalico
Ah ok, now I understand what you mean. But no, there was no Argentina participation.
In fact, I think that would be very difficult when Itaipu was built. Brazil and Argentina were quite hostile to each other back then (they were under military dictatorships).
rogerpenna 1 year ago
@rogerpenna I know you didnt! I did say it just because I suspected there was some participation. Alright, nevermind. Clear enough, thanks.
gatometalico 1 year ago
so why the title Argentina is in there? See that is what confuses , not me!
gatometalico 1 year ago
@gatometalico
Tell me WHERE I said Argentina dont get much electricity. Well, from Itaipu, Argentina really dont, because Brazil consumes all its share of Itaipu´s electricity, and Paraguay, at least till recently was bound by contract to sell its surplus to Brazil alone at sub-market prices (thats how Paraguay pays for Itaipu, since Brazil built and paid for it alone).
rogerpenna 1 year ago
@gatometalico
what are you talking about? What I am saying is that Itaipu is NOT located in Argentina. Its near the tri-border area, but its located entirely in Brazilian and Paraguayan territory alone. Argentina has no participation in Itaipu Dam.
rogerpenna 1 year ago
@rogerpenna so we argentineans dont get that much electricity then? lol im kinda lost here.
gatometalico 1 year ago
any small research would have shown Itaipu to be in Brazil (basically, Brazil paid and constructed it alone)
rogerpenna 2 years ago
Gosh, too bad the Itaipu Dam is on the borders of Brazil and Paraguay, NOT Argentina.
Whats on the border of Brazil and Argentina is the Iguazu Falls.
rogerpenna 2 years ago