Up until around 1930, Argentina was one of the world’s leading economic powers and had secured its position as a developed nation. It is hard to imagine now, but this is historical fact. The economic downturn triggered by the Great Depression and populist politics combined to cause the country to decline. It is the only country in history to have fallen from a developed to a developing nation. This is exactly the case of the Tale of the Heike, which reveals the principle that all things must fall, but this is not something that only affects Japan, the United States, or Europe. In this chaotic situation, one wrong step can lead to decline and fall. Surely what we should be focusing on now is stability and sustainability, not short-term popularity. (Kei)

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