Post by account_disabled on Jan 28, 2024 23:58:39 GMT -8
The fiscal deficit was 14% in 1972 and 10% in 1973. The financial restrictions imposed by the US and the fall in the international price of copper greatly aggravated the crisis. A brutal shortage of food and basic products, waves of strikes and strong political tension were unleashed. The expansionary fiscal policy was financed by monetary issuance and an increase in the public deficit, which caused highly explosive repressed inflation. The increase in consumption caused a brutal increase in imports, seriously affecting the level of the country's reserves. We reached 1973 with an inflation of 606.1%, without reserves and without access to international credits. An image of the Popular Unity government associated with chaos, inflation, the black market and shortages was established, encouraged by the right-wing opposition.
In December 1971, the opposition organized the “March of the Empty Pans” , in protest against the shortage of food, being the first major act against the Allende government. The government reacted by declaring a State of Phone Number Database Emergency. At that time, the president of Cuba, Fidel Castro , was making a long visit to Chile (see box). For the Cuban, who had already criticized the “Chilean path to socialism,” Allende's reaction was soft. He suggested a tough line to the president. In his opinion, the possibility of deaths or injuries should not be a brake on repression, “since confrontation is the true path for the Revolution.” Through an emissary, Allende responded: “Tell Fidel, gently, that here in Chile the one who resolves these things is me, according to the best of my knowledge and understanding.”
But the most critical moment had not yet arrived. On October 9, 1972, the country woke up stopped due to a truckers' strike . The stoppage lasted 28 days, until November 5. The rumor that the government was going to create a state transportation company in the Aysén region acted as a trigger. The movement immediately spread throughout Chile, promoted by employers' unions, such as the National Confederation of Truck Owners, chaired by León Vilarín, who was a member of the far-right group Patria y Libertad. allende_firma_decree_nationalizacion_cobre Allende signs the decree of the constitutional reform for the nationalization of copper. (Wikipedia) The road drivers were joined by other industrial and service unions - owners of taxis, businesses, etc. - with the support of the opposition parties.
In December 1971, the opposition organized the “March of the Empty Pans” , in protest against the shortage of food, being the first major act against the Allende government. The government reacted by declaring a State of Phone Number Database Emergency. At that time, the president of Cuba, Fidel Castro , was making a long visit to Chile (see box). For the Cuban, who had already criticized the “Chilean path to socialism,” Allende's reaction was soft. He suggested a tough line to the president. In his opinion, the possibility of deaths or injuries should not be a brake on repression, “since confrontation is the true path for the Revolution.” Through an emissary, Allende responded: “Tell Fidel, gently, that here in Chile the one who resolves these things is me, according to the best of my knowledge and understanding.”
But the most critical moment had not yet arrived. On October 9, 1972, the country woke up stopped due to a truckers' strike . The stoppage lasted 28 days, until November 5. The rumor that the government was going to create a state transportation company in the Aysén region acted as a trigger. The movement immediately spread throughout Chile, promoted by employers' unions, such as the National Confederation of Truck Owners, chaired by León Vilarín, who was a member of the far-right group Patria y Libertad. allende_firma_decree_nationalizacion_cobre Allende signs the decree of the constitutional reform for the nationalization of copper. (Wikipedia) The road drivers were joined by other industrial and service unions - owners of taxis, businesses, etc. - with the support of the opposition parties.