RATE Group | Cash Runs Dry at ATMs as Protests Escalate in Chile
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Cash Runs Dry at ATMs as Protests Escalate in Chile

Cash Runs Dry at ATMs as Protests Escalate in Chile

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Cash Runs Dry at ATMs as Protests Escalate in Chile

There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs. Issues with the bank machines that don’t work coupled with rising inflation, pension cuts, and austerity measures have invoked Chileans to rise up and take to the streets in protest against their government.

Also Read: Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society

State of Unrest in Chile Sees Government Violence and People Unable to Access Cash at ATMs

Chile has been getting a lot of attention lately because the region’s citizens have clashed against the authorities, shaking the country to the core. More than half of Chile’s 16 state regions are locked down under “emergency orders” and must obey a military-backed curfew. It…

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