Author Topic: Argentina's Financial Collpase video  (Read 789 times)

Bindare_Dundat

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Argentina's Financial Collpase video
« on: September 28, 2008, 10:44:22 PM »
Pretty crazy images. Sorry if this was already posted.

http://video.google.com/videosearch?q=argentinia+fiancial+collpase&emb=0&aq=-1&oq=argentinia+fiancial+collpas#emb=0&aq=-1&oq=argentinia%20fiancial%20collpas&q=argentina%20financial%20collapse

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

24KT

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Re: Argentina's Financial Collpase video
« Reply #1 on: September 28, 2008, 10:51:12 PM »
Pretty crazy images. Sorry if this was already posted.

http://video.google.com/videosearch?q=argentinia+fiancial+collpase&emb=0&aq=-1&oq=argentinia+fiancial+collpas#emb=0&aq=-1&oq=argentinia%20fiancial%20collpas&q=argentina%20financial%20collapse

I remember that. I had a girlfriend freaking out because she had a lot of money in the bank in Argentina.
Could only pull out a few thousand. Argentina survived. As did the Argentinians.

I wonder how Americans will fare when they start dictating that they cannot bring or spend more than $40 outside of the country?
w

Bindare_Dundat

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Re: Argentina's Financial Collpase video
« Reply #2 on: September 28, 2008, 10:52:16 PM »

I wonder how Americans will fare when they start dictating that they cannot bring or spend more than $40 outside of the country?

That's what some people have suggested as a possible future for Americans. Who knows?

benz

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Re: Argentina's Financial Collpase video
« Reply #3 on: September 29, 2008, 08:17:20 AM »
I remember that. I had a girlfriend freaking out because she had a lot of money in the bank in Argentina.
Could only pull out a few thousand. Argentina survived. As did the Argentinians.

I wonder how Americans will fare when they start dictating that they cannot bring or spend more than $40 outside of the country?

in chile you can bring into the country no more than us$10000 or spend outside the same amount/month. Anything over will be verified by the tax agency and with that, you will have to answer many many questions :)
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El_Pajero

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Re: Argentina's Financial Collpase video
« Reply #4 on: September 29, 2008, 08:26:03 AM »
very interesting.