• Artyom@lemm.ee
    link
    fedilink
    English
    arrow-up
    43
    arrow-down
    3
    ·
    11 months ago

    Oh yeah, a bank shutdown turned out great for Argentina the last time they did it.

    • Mothra@mander.xyz
      link
      fedilink
      English
      arrow-up
      15
      ·
      11 months ago

      I missed that previous time, I did a quick Google search but I’m not getting results. Would you know roughly when that happened?

      • Artyom@lemm.ee
        link
        fedilink
        English
        arrow-up
        42
        arrow-down
        4
        ·
        11 months ago

        In 2002, there was a major bank freeze overnight in Argentina. They reopened months later, and because of how they now pegged to the dollar, the value of the accounts were functionally cut in half. In those months, many local neighborhoods invented their own bartering systems and it was a whole mess.

        This was around the time the USA invaded Afghanistan, which explains why most people don’t know about it, but it was obviously a major event for Argentina.

        • Mothra@mander.xyz
          link
          fedilink
          English
          arrow-up
          25
          ·
          11 months ago

          That was a freeze of citizen’s personal accounts, not a shutdown. People were not allowed to access and retrieve their own money from their personal bank accounts. This is different. This is the Central (National) Bank, and a shutdown at it. Not individuals bank accounts, if I understand what’s going on correctly.

        • Coki91@dormi.zone
          link
          fedilink
          English
          arrow-up
          9
          arrow-down
          6
          ·
          edit-2
          11 months ago

          This is false, the Central Bank has not stopped running ever since it was opened and the event you are talking about is also not due to “it closing”

          • lazynooblet@lazysoci.al
            link
            fedilink
            English
            arrow-up
            7
            arrow-down
            2
            ·
            11 months ago

            I don’t think it’s False, just you interpreted the reply to be related to the central bank.

            • Coki91@dormi.zone
              link
              fedilink
              English
              arrow-up
              3
              arrow-down
              3
              ·
              edit-2
              11 months ago

              Thats fair, however they are from the same person. Cohesion was to be expected