Bukele States El Salvador Will Self-Finance 2025 Budget, Won't Issue Even 'a Cent' of Debt.
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlighting the relevance of independence and self-sufficiency for the country.
Why is any country issuing Debt?
All debt is, is spending NOW your future WORK/EARNINGS.
Rich people ISSUE debt, and get poor people to BUY that debt and pay the RICH people LOTS of interest.
Why do people keep falling for this system?
Become the OWNER of debt, not the buyer. Don't let people steal your future by making interest payments.
What does Government do? Get this - they create debt YOU own (they don't own it). And they just keep spending all your money until you can't pay it off anymore. Isn't that amazing?
Imagine if you could run your neighbors credit card up for your own gain - that's what government officials do that issue debt.
Bukele is one of the ONLY leaders of people in the World right now.
