The Museum of Foreign Debt (Museo de la Deuda Externa) was opened on April 28, 2005 in Buenos Aires, Argentina. The museum highlights the dangers of borrowing money from abroad. The Argentine economic crisis that drove the 2001 riots in Argentina prompted the largest foreign debt default in history – approximately $100 billion USD.
The museum is located at the Faculty of Economics of the University of Buenos Aires, and shows the debt's history, how it grew, and the responsible parties for each action since the first attempt of independence in 1810. The museum has no entrance fee.
Famous quotes containing the words museum of, museum, foreign and/or debt:
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...
I am the Visiting Poet: a real unicorn,
a wind-up plush dodo, a wax museum of the Movement.
People want to push the buttons and see me glow.”
—Marge Piercy (b. 1936)
“I have no connections here; only gusty collisions,
rootless seedlings forced into bloom, that collapse.
...
I am the Visiting Poet: a real unicorn,
a wind-up plush dodo, a wax museum of the Movement.
People want to push the buttons and see me glow.”
—Marge Piercy (b. 1936)
“Oh, has the foul atmosphere of foreign lands extinguished all your self-respect? Do you come back sordid and sycophantic, and the slave of opinions you would once have utterly detested?”
—Augusta Evans (1835–1909)
“Good government cannot be found on the bargain-counter. We have seen samples of bargain-counter government in the past when low tax rates were secured by increasing the bonded debt for current expenses or refusing to keep our institutions up to the standard in repairs, extensions, equipment, and accommodations. I refuse, and the Republican Party refuses, to endorse that method of sham and shoddy economy.”
—Calvin Coolidge (1872–1933)