It's Sunday and really I should be in church, but I woke up feeling ULTRA lazy. You know, the day before Monday, beginning of the work week type of stuff. I just caught the last 15 minutes of a show on Current (Dish channel 196). Two very young and seemingly freelance journalists traveled to Argentina to chronicle how they've dealt with life after their recession in 2001. Argentina's recession was caused by a collapsed banking system. In that recession people lost all their savings, and by extension all trust in their banks. As shown in the interview some Argentinians now store their money in their homes/apartments. Another result of this is that big ticket purchases are conducted in cash.
I was pleasantly surprised to see how innovative and optimistic Argentinians have been. Workers laid off from bankrupt plants banded together to restart those bankrupt plants under their own stewardship. What's interesting is that there is no managerial structure. All decisions and profits are split amongst all workers. I absolutely think this is great, sort of socialist but great never the less. It has been working and from the interview I gather it's a struggle but it's working.
There are also barter clubs where people can come to barter their services for things they need. It is not limited to only those laid off since professionals and lawyers also barter their services there. Even clothes and utensils are traded. Although these clubs are not as big as they were eight years ago, they still exsist. This is a clear indication that Argentinians have adjusted their way of life. Americans can learn from this.
This documentary concluded back in America (San Francisco to be precise) showing unemployment support groups which have formed as a result of the recession. The closing credits showed those laid off saying "thank you recession..." and stating what they're thanking the recession for. I would like to say "Thank you recession for giving me the motivation to switch careers"

