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Argentina's Economic Crash

Exploring what actually led to the disastrous financial collapse in Argentina during 2001, this film tells a story of how a massive section of the middle class became impoverished. Neo-liberal policies are blamed on the turmoil, and it was those very policies which allowed foreign banks and business interests to steal billions of dollars of the countries wealth, and in the process, consign many people to death through starvation and malnutrition. This film also depicts large-scale money laundering by the likes of Citibank, Credit Suisse, and JP Morgan. In the end, the countries poverty rate reached 57.5%, and it is still attempting to get itself back on it's feet to this day. This is an excellent portrayal of how western interventionism has caused much heartache on the South American continent, in the all too recent past.

Film by: Fernando Solanas Length: 59 mins
Year: 2003 Hosted By: Google Video
Related Image
  Amid rioting, President Fernando de la Rua resigns on December.21.2001  
President de la Rua resigns image: Desconocido (license)
 
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