Looting Breaks Out In Argentina

Tyler Durden's picture


If you were wondering why the Argentinian leadership were unwilling to pay off a few 'annoying' hedge funds with a few billion dollars (and were pissed about losing one yacht), then perhaps this report from the BBC will enlighten. Argentina authorities have sent hundreds of troops to the southern city of Bariloche after a spate of looting. Critically, Bariloche is not some shanty-town, it is one of the nation's most popular ski resorts and 'relatively' affluent. The following clip sums up the dangerous situation the nation finds itself in, despite the government's assurances that this is a "false picture of social and political collapse." Looks real to us?


Click image for link to clip (not embeddable)


Via BBC:

Argentine authorities have sent hundreds of troops to the southern city of Bariloche after a spate of looting.


At least three supermarkets in the popular ski resort were targeted, causing panic among local residents and tourists.


Dozens of people, many with their faces covered, broke into the supermarkets stealing electronics, toys and clothes.


The government blamed small criminal gangs but local authorities pinned the attacks on anarchist organisations.


Governor Alberto Weretilneck called for federal troops to restore order in Rio Negro, in the country's Patagonia region.


"With this type of action, these groups have been trying to paint a false picture of social and political collapse," the provincial authorities said in a statement.


The attacks took place in San Carlos de Bariloche, an Andean resort popular with tourists from other South American countries.


Local police said other shops and depots on the outskirts of the town were also targeted by looters. All shops closed after the thefts.


President Cristina Fernandez de Kirchner has been in constant communication with the province's governor, according to her spokesman Juan Manuel Abal Medina.


He said the Bariloche attacks were linked to the sabotage of power lines earlier on Thursday in the neighbouring province of Neuquen.

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Fri, 12/21/2012 - 15:49 | 3087949 samcontrol
samcontrol's picture

mostly people in the construction sector live there. I choose Bariloche over Aspen anyday.... Maybe it was your bed i used in that mantion? Man she was hot.

Fri, 12/21/2012 - 11:29 | 3086750 TheGardener
TheGardener's picture

With enough MSM coverage, Merry Christmas Lootings will become all the vogue !

Fri, 12/21/2012 - 13:25 | 3087332 Jack Sheet
Jack Sheet's picture

Coming soon to Doug Casey's Galt's Gulch retreat in Cafayate

Fri, 12/21/2012 - 10:50 | 3086590 caconhma
caconhma's picture

Do you really trust to Zionist-controlled BBC? If you do, CNN is the best source of information.

Definitely Argentina has many problems. Too many people bought too many promises and lies.

Fri, 12/21/2012 - 11:11 | 3086678 JenkinsLane
JenkinsLane's picture

The BBC is not "Zionist-controlled", that's nonsense. It is instead 100% white liberal in outlook, so NYT on the TV.

Fri, 12/21/2012 - 12:40 | 3087126 Matt
Matt's picture

I remember not too long ago, one of the service providers in Israel replaced BBC with Al Jazeera, because the Arab news was less biased.

Fri, 12/21/2012 - 11:37 | 3086803 Colonel
Colonel's picture

"Too many people bought too many promises and lies."

Hunh, just like our Obongo voters here.

Fri, 12/21/2012 - 11:31 | 3086767 Buckaroo Banzai
Buckaroo Banzai's picture

You mean Andrew Cuomo is a dirty corrupt cunt who looted HUD to the tune of a hundred billion dollars, all to ensure his election to the NY Governors office?

Wow what a surprise.

Fri, 12/21/2012 - 11:49 | 3086898 Almost Solvent
Almost Solvent's picture

And he's signed off on the Buffalo Bills public lease financing for their NFL stadium

Fri, 12/21/2012 - 12:24 | 3087063 NooooB
NooooB's picture

Great Link! And great blog! Pretty good eh?

Fri, 12/21/2012 - 10:43 | 3086564 kato
kato's picture

the lifties gotta eat and have their ganja

Fri, 12/21/2012 - 10:43 | 3086567 Wile-E-Coyote
Wile-E-Coyote's picture

Coming to a town near you soon!

Fri, 12/21/2012 - 10:44 | 3086571 Seasmoke
Seasmoke's picture

Must be end of ski season.

Fri, 12/21/2012 - 10:57 | 3086620 nonclaim
nonclaim's picture

Actually there was fresh snow two days ago (maybe further south) despite it being summer...

Fri, 12/21/2012 - 10:44 | 3086573 Cursive
Cursive's picture

Things in Buenos Aires got so bad, FERFAL moved to Northern Ireland.  Yes, Northern Ireland.



If you've got a day or two to read about what is coming to a US city near you, check out Fernando's blog.  Scary stuff, but good advice.

Fri, 12/21/2012 - 10:52 | 3086591 JenkinsLane
JenkinsLane's picture

That was a bad move, 50% of the working population of Northern Ireland is employed by the state (government), the highest percentage in the UK, aka buying social peace.  When the UK goes Greek, which it will (2015-2020), and there are forced mass layoffs of state workers, things will get troublesome there again. 


Ferfal needs to get himself down South before then.

Fri, 12/21/2012 - 10:58 | 3086621 Cursive
Cursive's picture


Yeah, I think his decision about Northern Ireland says a lot about how bad things are in Argentina.  Like choosing Cleveland or Gary, Indiana after Detroit.

Fri, 12/21/2012 - 11:03 | 3086645 Inthemix96
Inthemix96's picture


I have been following the kick-offs in N.I for nearly three weeks about the Ensign not been flown out side a coucil building.

It isnt the type of place I would choose when the locals are as fickle about a fucking flag mate.

Fri, 12/21/2012 - 11:06 | 3086664 JenkinsLane
JenkinsLane's picture

Agreed. I've got family in NI and used to go over there all the time as a kid. It's a nice place, rains alot so it's very green.

The problem is, as I said, social peace is being bought. Aside from government workers, if you add retirees, and trial balloons are now being

floated in the UK media regarding the end of government pensions, and the unemployed, the percentage of people there financially dependent

upon government must be 65%+. When the SHTF in the UK, i.e. a debt to GDP ratio of around 90% by late 2015 early 2016 (by my guesstimate),

the money will stop and trouble will start there again.

There's no point fleeing somewhere to end up somewhere else where an ethnic conflict is simply being papered over.

Fri, 12/21/2012 - 11:09 | 3086669 hedgeless_horseman
hedgeless_horseman's picture



Ferfal needs to get himself down South before then.

How far South?  Dublin?  Cork?

What Would Wolfe Tone Do?

Fri, 12/21/2012 - 11:15 | 3086689 JenkinsLane
JenkinsLane's picture

Dunno, I hear Cork's nice. I've only ever been to the North and Donegal, where it rains constantly.

Fri, 12/21/2012 - 11:24 | 3086707 hedgeless_horseman
hedgeless_horseman's picture



As the UK economy cools, the scent of opportunity rises in the mists of Ireland.

Though torn in two
We can be one.

Fri, 12/21/2012 - 11:37 | 3086736 JenkinsLane
JenkinsLane's picture

When I was a kid I was in my Grandfather's kitchen in Belfast and I heard a loud boom. I asked my Grandfather what the sound was. He

said it was a bomb going off. 


Let's not get all misty-eyed over it, blood will be spilt there again.


Sat, 12/22/2012 - 01:36 | 3089341 mkkby
mkkby's picture

He needed an editor.  Give me liberty or give me death.  Much better.

Fri, 12/21/2012 - 10:50 | 3086593 Salon
Salon's picture

He has an excellent book to help survive mild currency collapses and lawlessness like Argentina.

Get a vehicle that can jump curbs in case of a criminal gang road block for example.

Fri, 12/21/2012 - 11:00 | 3086634 JenkinsLane
JenkinsLane's picture

Agreed. It's the only book of it's kind that's actually written by someone, at street level, who has actually lived through a

degree of economic collapse.

Fri, 12/21/2012 - 11:05 | 3086657 ZeroAvatar
ZeroAvatar's picture

From a different source, I read that it's best to start shooting first (at the roadblock) and ask questions later.

Fri, 12/21/2012 - 11:25 | 3086731 Nadaclue
Nadaclue's picture

Actually, Selco over at SHTFSchool.com isn't a bad read either.

He went through the Bosnian war trapped in his city by the two opposing factions for a year. Writes about what it took to survive and the conditions. It's best to start at the beginning of his blog. Pretty moving stuff.

Fri, 12/21/2012 - 11:01 | 3086638 Bad Attitude
Bad Attitude's picture

I concur. Read what FERFAL has said about the collapse of the Argentinian economy. Read his book, too.

Fri, 12/21/2012 - 10:45 | 3086575 dick cheneys ghost
dick cheneys ghost's picture

Not to worry.The US Taxpayer maintains a military base in Argentina. Everything will be fine.

Fri, 12/21/2012 - 12:56 | 3087199 samcontrol
samcontrol's picture

fucking very wrong !

Fri, 12/21/2012 - 10:46 | 3086579 otto skorzeny
otto skorzeny's picture

will these people stealing iShit count towards sales for AAPL?

Fri, 12/21/2012 - 10:46 | 3086580 rubearish10
rubearish10's picture

ES lower by 17 handles. Oh boy, this is distasterous. Doesn't feel as if PPT is hard at work to hamper what "should" happen? Complacent optomism and numbess takes quite a while to reverse.

Fri, 12/21/2012 - 10:56 | 3086613 fonzannoon
fonzannoon's picture

17 handles? that is so 5 mins ago. We're comin off the lows!

Fri, 12/21/2012 - 11:19 | 3086711 Taterboy
Taterboy's picture

"Off the lows". You are going to make Maria's panties wet.

Fri, 12/21/2012 - 10:46 | 3086581 Inthemix96
Inthemix96's picture

Governor Weretilneck?

Now thats a proper surname that is, wont take Mr Weretilneck five minutes to sort this lot out.

Fri, 12/21/2012 - 10:48 | 3086585 Cognitive Dissonance
Cognitive Dissonance's picture

There was someone in the ZH threads yesterday who said this was happening at that moment.

Fri, 12/21/2012 - 10:53 | 3086602 Gazooks
Gazooks's picture

Doug Casey

Fri, 12/21/2012 - 10:56 | 3086612 Cognitive Dissonance
Cognitive Dissonance's picture

".....to the southern city of Bariloche after a spate of looting."

So there are two cities in different countries with this same name?

My error. Thank you.  :)


Fri, 12/21/2012 - 11:06 | 3086660 fuu
fuu's picture

Ok maybe I read that wrong. =)


Fri, 12/21/2012 - 12:48 | 3087168 AurorusBorealus
AurorusBorealus's picture

There are more than 2... many cities and villages in South America are named after villages and towns in Spain.

Fri, 12/21/2012 - 13:21 | 3087302 samcontrol
samcontrol's picture

maybe if ANYONE on here got the name of the city right it would have been easier for you.
San Carlos de Bariloche, Rio Negro , Argentina.

Fri, 12/21/2012 - 14:20 | 3087548 fuu
fuu's picture

Sorry about that.

Fri, 12/21/2012 - 10:50 | 3086588 dwdollar
dwdollar's picture

Is that a policeman on a horse or a looter? Jesus...

The horsemen of the apocalypse ride!

Fri, 12/21/2012 - 10:53 | 3086600 Tourist2008
Tourist2008's picture

He´s just stolen the horse .....

Thank god they don´t sell guns in supermarkets there, only horses.

Fri, 12/21/2012 - 10:50 | 3086595 Ignorance is bliss
Ignorance is bliss's picture

The Argentine Governmint started looting the people long ago. What we are seeing now is called civil insurection brought on by despair.

Fri, 12/21/2012 - 10:52 | 3086597 JenkinsLane
JenkinsLane's picture

Ah, reminds me of London in the summertime <nostalgia>

Fri, 12/21/2012 - 10:51 | 3086598 Tourist2008
Tourist2008's picture

Its spreading, there are copycat lootings in at least 4 other cities so far ....

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