President Mauricio Macri has put the country back on the neoliberal path with policies that favor big agricultural producers inside the country, and investors both inside and outside of Argentina.
by Jon Jeter
Days before Christmas of 2001, a 54-year-old Argentine woman named Norma Cecilia Albino shoved her way past the throngs of demonstrators protesting the government’s new banking restrictions, walked into a bank branch in a northern Buenos Aires neighborhood, strolled to the counter, and asked to withdraw a few pesos from her account.
When the cashier explained to Albino that she’d already reached her limit and would not be able to withdraw more until the following month, Albino calmly rumbled through her purse for a bottle of alcohol, doused herself with it, and then, to the horror of a nation, set herself ablaze inside the bank lobby.
Albino survived after bank employees rushed to put out the flames with a fire extinguisher and clothing. But the traumatic moment is emblematic of the trauma inflicted on the country by a deep economic downturn that rivaled the Great Depression; Argentines dubbed it “La Crisis.”