Argentina 2001: The Corralito and the Fall of a President

In December 2001, Argentina's economy collapsed into chaos. After years of recession and a rigid currency peg that had made imports cheap but exports uncompetitive, the government froze all bank accounts — the corralito — sparking riots, looting, and a state of siege. President Fernando de la Rúa fled the Casa Rosada in a helicopter as protesters clashed with police in the Plaza de Mayo. This episode walks through the final days of the Convertibility Plan, the IMF's role, the rise of the piquetero movement, and the five presidents who followed in a single week. Lucas and Luna discuss the economic miscalculations behind the crisis, the human cost of the freeze, and how Argentina's 'middle-class nation' suddenly found its savings trapped behind iron bars.

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