Argentina's 2001 Economic Collapse - Our Possible Future?

Jammaslam

A scenario of what we could be facing down the road (In the US or another country), right now going about similiar events.  Either Obama or Mccain gets elected, I do not see much difference in the outcome of the economy, not after both signed the bailout.

video.google.com/videoplay

" 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."

 

 

declaredemer

I am actually going to Argentina this winter (it is summer in Argentina during our winter) for the first time.

 

I have heard from others I trust that our collapse parallels that in Argentina.

 

A friend told me, today, that there was a coup.  Before the coup everything in Argentina was extremely pricey but now it is like 3 to 1.

 

This is, to say the least, fascinating.