Part 3: http://au.youtube.com/watch...
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%. C...
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. Official name: Memoria del Saqueo by Fernando Solanas 2003.
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That 2Trillion dollar package was needed to kick start the fallen economy caused by bush and clinton, it was not the fault of Barak Obama, if they didnt kick start the economy again millions of ordinary american citizens would have lost their life savings in banks therefore who would give them the money back? It had to come from somewhere
You love Obama that's why you say that! But here is some facts not feelings!!
Clinton had the lowest unemployment rate in history only had a 1.4 trillion dollar deficit. Bush left a 4.4 Trillion deficit. Your buddy Obama who you seem to defend so much has given tax payers money for Bail Outs which have not worked and at the end of this year he will spend $2 Trillion adding to the deficit.
So sorry this "money" you speak of is all paper money while China continues to buy our debt!
Sweet, Im absoutely loving it, number 1 im not american I live in the East. I dont "love" Obama, but you cannot blame him, this lending problem was escalating way before from 2003, banks knew they would never get their money back yet carried on lending money knowing they would get the reposessions. Clinton bombed serbia for no reason and is hated by the east, and bush well where do I begin? the paper money is the fault of american citizens you worship it, if they was no bailout = carnage chaos/
Dont blame Obama, blame your silly citizens who are happy to buy Chinese and Indian and Eastern goods and services. But your too happy to drive your SUV vehicles and watch american idols lol
I agree!!! Most American's have become lazy No argument there! However Obama in making the situation worst with his lies and continued spending of money we do not have!
@horta85 im only 14 but really look into this kind of stuff... its not american citizens who have become lazy...its just that lack of employment and jobs that pay enough to work 4 day a week 8 hours a day and get paid great. i mean yeah the country is slowly sinking but one way or another "we'll find more buckets" and by that i mean that right now its a crisis that hit hard but doesnt mean that it wont heal... i mean look at me for an example.. i use to live in miami and we had to move back home
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peace n greetz
He spent 2Trillion Dollars in the first year!
-Bush 4.8 Trillion in 8 Years
-Clinton 1.4 Trillion in 8 Years
Obama is killing our economy! Borrowing more from China and the peoples tax money.
Clinton had the lowest unemployment rate in history only had a 1.4 trillion dollar deficit. Bush left a 4.4 Trillion deficit. Your buddy Obama who you seem to defend so much has given tax payers money for Bail Outs which have not worked and at the end of this year he will spend $2 Trillion adding to the deficit.
So sorry this "money" you speak of is all paper money while China continues to buy our debt!
its not american citizens who have become lazy...its just that lack of employment and jobs that pay enough to work 4 day a week 8 hours a day and get paid great.
i mean yeah the country is slowly sinking but one way or another "we'll find more buckets" and by that i mean that right now its a crisis that hit hard but doesnt mean that it wont heal... i mean look at me for an example.. i use to live in miami and we had to move back home