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Argentina Economic Collapse The Documentary
Submitted by quiltingsando on Mon, 01/04/2010 - 22:22
This is a 12 part documentary of the Argentina Economic Collapse, if you have not seen it you are in for a real education. This IS our future, watch, learn, prepare. http://www.youtube.com/watch?v=rH6_i8zuffs Great Weekend watching film. |
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Not Necessarily
I think a case could be made that this is in our future if someone could demonstrate that the individual Argentinian carried anywhere near as much debt as the typical American does today. Argentinian government debt was denominated in US dollars, just as our own debt is today. The peso fell in value against the U.S. dollar during their crisis, but since the situations are not completely identical, the dollar may not necessarily beahave the same as the peso did for them.
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Freedom is NOT free!