March 1982. Buenos Aires, Argentina.
The military junta ruling Argentina was losing the last shred of credibility—and, with it, control. In 1976, the junta had removed Juan Peron’s second wife from power in an attempt to restore political stability and economic prosperity. Six years later, it faced massive popular discontent amid 130 percent inflation, frozen wages, a 5 percent—and accelerating—decline in gross domestic product, crumbling infrastructure, fleeing foreign global investment, international condemnation, and a dirty war against dissidents that may have killed 30,000. Its social compact with the Argentine people was broken.