A Social Genocide.
With the words Never say Never about Europe’s weak economic stability and VPRO Backlight’s (20-02-2012) Episode about the 2001 economic collapse of Argentina I stumbled upon the Documentary Social Genocide from acclaimed Argentinean Director Fernando Solanas. The doc. deals about the events that led to the economic collapse of Argentina in 2001. This crisis 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. What can Europe learn from all this? A-ONE-TO-WATCH! (1/5)