Argentina's Economic Collapse - Part 1

Documentary on the events that led to the economic collapse of Argentina in 2002 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.

Author: WorldIssues2000
Keywords: argentina economic collapse banks corporations theft swindle government corruption IMF World Bank neo-liberal policies
Added: July 10, 2008

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