Argentina's Economic Collapse - Part 2 of 12 9 Minutes 2 Seconds
Argentina's Economic Collapse - Part 2 of 12 YouTube link
Author
WorldIssues2000
Created
July 9, 2008
Updated
December 3, 2008
Length
9 Minutes 2 Seconds
Rating
5.00
Views
17,405
Description
Part 3: http://au.youtube.com/watch?v=JPddW3da2aA
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.
Related Tags
argentina economic collapse banks corporations theft
swindle government corruption IMF World Bank
neo-liberal policies
swindle government corruption IMF World Bank
neo-liberal policies