Time To Cry For Argentina?

After months of a deepening financial crisis, Argentines finally had had enough. Thousands poured out into the streets of every major city in the country last week, looting stores and supermarkets. Angry demonstrators in Buenos Aires surrounded the Presidential Palace and clashed with police in bloody skirmishes. In all, 27 people died. President Fernando de la Rua tried to hang on, but four days after the riots began, he resigned.

Some observers criticized the police response to the riots as sympathetic to the mobs or lax. In a throng surrounding a Carrefour megastore in an upscale neighborhood of Buenos Aires, a...

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