| Argentina's Economic Collapse (FULL VERSION VIDEO). By Film Documentary Source: Axis of Logic, Oct 24, 2008 Note by Les Blough, Editor: I think this is an important video to watch (Spanish with English subtitles) because it reveals so much about what is happening in world economies today. The same economic model is being used today in the U.S. and Europe as was used to strip Argentina of its sovereignty and wealth. The film shows the work of transnationals based in the U.S., Spain and France, their clever machinations and the unkept promises of the politicians to get elected into office. One cannot help but think of the 2008 presidential elections in the U.S. The response of the Argentine people is riveting. It is very well produced, 59 minutes long, and well worth the time required to watch it through. |   |
A Model for the People's Response
59 minutes
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. If you want to stop the same thing from happening here, and it is happening here, right now, please join the revolution at the Kick Them All Out Projet http://www.KickThemAllOut.com and the Fire Congress Campaign
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