A documentary in german TV ZDF INFO: Nicole Nau & Luis Pereyra has lived the experiance of the “El Corralito” crisis. 27.5.2016, at 10 am.
Argentina 2001. This was a striking year. Without warning, from one moment to the next, money was frozen in the bankaccounts, fenced, as the Argentines say in the “corralito”. We only could get limited amounts in pesos, but the peso has been undocked from the dollar, so within a few days and weeks the savings of each one was worth less than 10%. Fainting. Injustice. Anger. Many people lost their home because of in dollar closed hypothecary credits, as well as my husband Luis. For the first time in the history the middle class went to the streets and demonstrated. That was the famous “Cacerolazo”, a vigorous beating on pots and pans.
It was like in the war: violence, burning houses, looting the supermarket. Read more