The other 9/11: What happened in Chile on September 11, 1973
MeridStreet AI summaryOn September 11, 1973, a military coup in Chile overthrew the democratically-elected government of President Salvador Allende, marking a significant turning point in the country's history. This event had far-reaching consequences for the Chilean economy and its people, leading to a prolonged period of authoritarian rule under General Augusto Pinochet. The coup's impact on Chile's economy was severe, with widespread poverty, inequality, and human rights abuses becoming hallmarks of Pinochet's regime.
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Why it matters
The 1973 military coup in Chile led to a period of political instability and human rights abuses. This event is a reminder of the country's complex history and its impact on the economy and society.
Market impact
Markets & countries in focus
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- Chilean assets
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