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The Empty ATM
Thursday, August 8, 2002

In December 2001, the Argentinian government defaulted on $155 billion in public debt. Since then, this once-wealthy country has gone through five presidents and watched its currency fall by more than 70 percent. How do people survive in a broken economy? The solutions range from the ingenious -- barter clubs where members can exchange goods and services without money -- to the brutal, including outbreaks of rioting. With the most basic government services now only a memory and the army camped around the capital, how can the people of Argentina begin to put their society back together? What does a financial meltdown look like? And where do American interests or responsibilities lie?

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Angus MacQueen has produced and directed some of the most prestigious documentaries on British television over the past decade. His films include DEATH OF YUGOSLAVIA (winner of the BAFTA and Columbia Journalism Awards), THE SECOND RUSSIAN REVOLUTION, THE HAND OF STALIN, DANCING FOR DOLLARS, and many others.

Photos: AP



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