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0 sats \ 1 reply \ @Akg10s3 10h \ on: IMF and El Salvador bitcoin
Well... the International Monetary Fund is a bad idea from Bukele, that's true!
But what that man did with the criminal gangs and murderers who were taking over that country was incredible!! That man will go down in the history books of El Salvador as the person who freed them again!!
As for security, he changed the course of that country forever!
Agree he took on the criminal gangs and imo the IMF is also a criminal gang but do not judge Bukele too swiftly as the IMF are a very sophisticated gang with powerful armies and well resourced spooks and lawyer behind them.
We do not know the status of El Salvadors pre existing debt slavery to the IMF.
We do not know how deeply the tentacles of the IMFs debt contracts reach into the sovereignty of El Salvador- but we can estimate that based on the performance of the IMF they were already, prior to Bukele well and truly positioned to have considerable debt leverage over El Salvador and that to deal with this gang, the IMF, will require some extended and very clever strategy from Bukele.
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