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Argentina's Economic Collapse - Part 1 of 12

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Part 2: http://au.youtube.com/watch?v=... 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.

Channel: News & Politics
Uploaded: December 31, 1969 at 6:59 pm
Author: WorldIssues2000

Length: 06:35
Rating: 4.95
Views: 50271

Tags: argentina  Bank  banks  collapse  corporations  corruption  economic  government  IMF  neo-liberal  policies  swindle  theft  World  

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Video Comments

clint076 (December 31, 1969 at 6:59 pm)
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants Thomas Jefferson
chelo9595 (December 31, 1969 at 6:59 pm)
crisis 1994.1995 1996 70 millions was poor in mexico. actuallity 57 million is poverty.
chelo9595 (December 31, 1969 at 6:59 pm)
si claro mi guacho como salta muros ( this is 2001) estamos en el 2008..
haole80 (December 31, 1969 at 6:59 pm)
dot cry for me argentina
dungdang23 (December 31, 1969 at 6:59 pm)
personalmente creo que de la rua era un completo imbecil y eso fue crucial
marxomenos (December 31, 1969 at 6:59 pm)
The same will happen in most part of the world in the next year or two.Open your eyes and learned what Jews like Madoff made to us. Kill all Zionists and the world will return to peace and real ecnomical development. Heil Obama. Heil Ratzinger.
alsr0011 (December 31, 1969 at 6:59 pm)
argentinos. ahorita estan abajo.. pero echenle ganas y pueden salir adelante. saludos desde mexico !!
matiasdabbah (December 31, 1969 at 6:59 pm)
I think youre a litte ignorant.If i was you, i would better read a litte more. Thrust me, it does't beat.
colloredbrothers (December 31, 1969 at 6:59 pm)
watch how people police people how brothers hit brothers this is insane and this is going to happen in america, only then... they will have guns
zhxiate (December 31, 1969 at 6:59 pm)
Man that shit is wack!It gives me a good feeling to see all these people unite.

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