Join us for an insightful event featuring three of our members who will delve into the economic challenges and currency crises faced by various South American countries they come from. Through a mix of personal experiences and historical analysis, they will shed light on the devastating effects of hyperinflation and the long-term consequences on society.
Speakers and Presentations:
- Ismael - The Rise and Fall of Chavism: Venezuela's Economic Decline
Ismael will provide a brief introduction to "chavism" and the state of Venezuela prior to the arrival of 21st-century socialism. Drawing on his first-hand experiences, he will contrast the country's past with its current situation, highlighting the loss of personal liberties and the degradation of both the governing systems and society. Ismael's presentation will explore how the devaluation of currency and the persecution of individuals trading in anything other than the official currency contributed to Venezuela's economic collapse.
- César - When Money Dies: Case Study of Ecuador in 1999
César will examine the catastrophic hyperinflationary episode in Ecuador at the turn of the century, which led to the destruction of wealth and the loss of the national currency. Rather than focusing solely on the well-known consequences, César will explore the unique aftermath of this crisis. Ecuador took an unprecedented step by permanently replacing its currency with a harder, uncontrollable one. This bold decision appears to have altered the course of the country's history, and César will analyze its long-term effects on Ecuador's economy and society.
- Felipe - What is Milei (Un)Doing? Reflections on Argentina's Hyperinflation and Current Economic Plan
Felipe will discuss the Argentine hyperinflation of 1989/1990, drawing from memories of that tumultuous period. He will also analyze the current economic plan being implemented by the recently elected president, Javier Milei, and its potential implications for Argentina's future. Felipe's presentation will provide a comprehensive understanding of Argentina's past economic struggles and the challenges it faces today.
Don't miss this opportunity to gain a deeper understanding of the economic turmoil that has plagued South America and the lessons that can be learned from these experiences.
Doors open at 18:30, the event will start at 19:00.
Note that the doors close at 19:00, and that it will not be possible to join from then on.