It Could Happen Here Weekly 161

266.237 - 295.308 Andrew Sage

However, this era of economic development was short-lived as Paraguay entered the catastrophic War of the Triple Alliance between 1864 and 1870 against Brazil, Argentina, and Uruguay over territorial disputes. This conflict proved disastrous for Paraguay as they suffered staggering losses. Nearly 70% of its population died, its economy was shattered, and its territory was significantly reduced.