From one of the 10 most riches nation on earth to a basket case? why did Argentina betray themselves? do we blame the Americans? the British? or do we blame the people of Argentina to allow this to happen? I don’t blame the poor. i blame the greedy.could it happen to America ? what lessons should America learn from the collapse of Argentina ? It used to be a hundred years ago, Argentina was this very wealthy place and a hundred years later after so many dictatorships, corruption, bad policies, being unstable, and constant stagnation Argentina is at a level where Mexico and Brazil are. Even though the people are well cultured and educated, I think that the many years of corruption and such are too well embedded into these people and the future will always be unsure.
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. The global elite or the Illuminati are directly responsible for this! The Federal Reserve, IMF and World Bank are criminals, traitors. Every country can maintain its own soverignty by printing up its own “money” backed up by gold and silver debt free and interest free. Watch The Secret of Oz, and The American Dream Cartoon. There are solutions. Money=Debt and National Debts are FRAUD, SCAM, AND A CON! STOP USING BANKS & that would be the end of their power. Or use them as little as you can – while you still can. *We* give them the power they have. Don’t borrow from them. Not easy but it *is* doable & there are plenty of people out there who are proving you can do it including myself. I’m a small bus. owner & so are my 2 sons – we don’t borrow money. If 1 needs help, the other 2 help. No cash to buy it, we don’t. STAY OUT OF DEBT. “Owe no man anything except to LOVE him” Debt = Slavery