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This is a rational assumption. However, didn’t Nayib Armando Bukele Ortez of El Salvador also cave to IMF’s power of the purse?

Kudzai Kutukwa 3mo ago

Here it is

https://primal.net/e/naddr1qqxnzde5xqmnvdphxqmnjdfsqgs9gcysfq5y62s4rjxlvf05psuf6s376ptlemuj0kugj4kj3c3t5qcrqsqqqa28vad3ea

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Discussion

Kenshin 3mo ago

President Bukele had massive public support and viable debt alternatives to remain solvent.

Shouldn’t we consider that he was given an offer he couldn’t refuse by Economic Hitmen?

“If we faltered, a more malicious form of hit man, the jackal, would step to the plate. And if the jackals failed, then the job fell to the military.”

- John Perkins, “The New Confessions of an Economic Hit Man”

Kudzai Kutukwa 3mo ago

I don’t know but It’s very likely, because at the end of the day he was not only indebted to the IMF but the whole #btc thing was something they didn’t really want

Kenshin 3mo ago

Revolving IMF loans are debt-traps that further ensnare countries into webs of fiat control in perpetuity.

Kudzai Kutukwa 3mo ago

Absolutely true! It’s how neo colonialism works, using gun backed debt to enslave nations

S!ayer 3mo ago

Does he? 😂

You sure? 😂

Kenshin 2mo ago

“Bukele is highly popular in El Salvador, where he has held a job approval rating above 75% during his entire presidency and averages above 90% approval, and is popular throughout Latin America. “ - (Wikipedia, 2025, para 4)

https://en.wikipedia.org/wiki/Nayib_Bukele#:~:text=Bukele%20is%20highly%20popular%20in%20El%20Salvador%2C%20where%20he%20has%20held%20a%20job%20approval%20rating%20above%2075%25%20during%20his%20entire%20presidency%20and%20averages%20above%2090%25%20approval%2C%20and%20is%20popular%20throughout%20Latin%20America.%20

E.g. … Debt-for-Nature Bonds & Volcano Bonds

https://gfmag.com/economics-policy-regulation/el-salvador-green-debt-swap/

S!ayer 2mo ago

That's why he extended the presidency to 7 years and removed opposition parties?

The Robert Mugabe of South America

Kenshin 2mo ago

And your solution for El Salvador 🇸🇻?

S!ayer 2mo ago

Nuke

Kenshin 2mo ago

The only way El Salvador gets one is if they follow the Israeli Apollo affair playbook circa mid-1960s.