Argentina's 1890 Revolution: The Crash That Shook a Nation

In 1890, Argentina was the world's tenth-richest nation, a rising star exporting beef and grain across the Atlantic. Then the Baring Crisis hit — a London bank collapse triggered by a corrupt Buenos Aires land boom. With the economy in freefall, a secret civilian-military alliance called the Civic Union rose up in the Parque Revolution of July 26, 1890. This episode unpacks the financial chicanery of the Unicato regime under Miguel Juárez Celman, the bloody three-day battle between revolutionaries and loyalist troops around the Retiro railway station and the Parque de Artillería, and the aftermath that brought Carlos Pellegrini to the presidency. We explore the role of the Argentine Rural Society, the speculative fever over land in the Pampas, and how this crisis — a century before the 2001 default — first shattered the myth of Argentina's inevitable prosperity. Leandro Alem, Bartolomé Mitre, and the birth of the Radical Civic Union all feature in a story of ambition, betrayal, and a nation's first great modern crash.

#Argentina #1890Revolution #BaringCrisis #MiguelJuarezCelman #CarlosPellegrini #LeandroAlem #CivicUnion #Unicato #ParqueRevolution #ArgentineHistory #FinancialCrisis #SouthAmerica #19thCentury #RadicalCivicUnion #BuenosAires #History #FexingoHistory #EconomicHistory

Keep every episode free: buymeacoffee.com/fexingo