Everyone should watch the 2004 documentary “Memoria del Saqueo” by Fernando E. Solanas. It is a broad and detailed account of the history of Argentina’s debt-saddled economy. The viewer is taken through a roughly three decade tour of dirty politics, increasing poverty, and predatory overseas financial institutions, all culminating in the December 2001 crash of the entire Argentine financial system, economy, and almost the very fibers of modern society itself.
“Memoria del Saqueo” is filled with many things that present-day Americans will find disturbingly familiar. Betrayal by once-promising elected officials. Brazen theft and lawlessness by the political class that goes completely unpunished. A corrupt legal system. A banking system that sucks the life and soul out of the public. Collectively, the above-mentioned criminal group is referred to as “the mafiocracy” in the documentary. Well put.
We are then shown in frustrating and often heartbreaking detail what the policies of this mafiocracy have done to the average - and less than average - Argentine. Educated, middle-class people with their savings wiped out. Urban dwellers unable to access their bank accounts - and starving as a result. Utterly poverty-stricken rural folk living in a swamp that the government won’t drain - even though the funds exist. A pair of doctor’s speak of the hordes of malnutritioned children they treat on an endless basis. All of this is going on while a tiny elite class flaunt their wealth and even brag about stealing from the government coffers on Argentine TV!
The bottom line concept of this documentary is this: the catastrophic results of economic globalization on an otherwise prosperous society. Privitization and virtual abandonment of previously nationalized industries. Crippling and genocidal economic austerity policies. The plunder and bankrupting of a proud nation by foreigners and globalists. Sound familiar?
Hey, wasn’t that all stuff we were protesting against alongside Ralph Nader and Jello Biafra about ten years ago? What happened? Oh yeah: 9/11, War on Terror, Iraq War, etc.
“Memoria del Saquero” is narrated in Spanish by the film’s writer and producer Fernando E. Solanas. There are easily readable yellow English subtitles. Running time is 120 minutes. It can be easily accessed on YouTube in a 12-part series of 10-minute slices by typing “Argentina’s Economic Collapse” into the YouTube search engine. Here is part 1:
What has become of the nation of gauchos since the Crash of 2001?


