Museum of Foreign Debt

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:

    I never can pass by the Metropolitan Museum of Art in New York without thinking of it not as a gallery of living portraits but as a cemetery of tax-deductible wealth.
    Lewis H. Lapham (b. 1935)

    No one to slap his head.
    Hawaiian saying no. 190, ‘lelo No’Eau, collected, translated, and annotated by Mary Kawena Pukui, Bishop Museum Press, Hawaii (1983)

    Man-in-seed, in seed-at-zero,
    From the star-flanked fields of space,
    Thunders on the foreign town
    With a sand-bagged garrison....
    Dylan Thomas (1914–1953)

    However patriarchal the world, at home the child knows that his mother is the source of all power. The hand that rocks the cradle rules his world. . . . The son never forgets that he owes his life to his mother, not just the creation of it but the maintenance of it, and that he owes her a debt he cannot conceivably repay, but which she may call in at any time.
    Frank Pittman (20th century)