Sunday 5 June 2011

Argentina's Economic Collapse

Argentina has a very dramatic history. A lot of tragic things went on here.
This is a documentary about one of the worst crisis that Argentina has suffered in its history. The default of 2001 and its social implications.

The film has English subtitles and it is an excellent opportunity to immerse themselves in the historical context of this country and  to understand  better the cultural and historical heritage of Argentina.

"Documentary on the events that led to the economic collapse of Argentina in 2001 which wiped out the middle class and raised the level of poverty to 57.5%. Central to the collapse was the implementation of neo-liberal policies which enabled the swindle of billions of dollars by foreign banks and corporations. Many of Argentina's assets and resources were shamefully plundered. Its financial system was even used for money laundering by Citibank, Credit Suisse, and JP Morgan. The net result was massive wealth transfers and the impoverishment of society which culminated in many deaths due to oppression and malnutrition."

 Official name: Memoria del Saqueo by Fernando Solanas 2003.



You can type "Argentina's economic collapse" in youtube and you will find inmediately the 12 parts that compound this movie.

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