If Bukele spends the IMF loan money on Bitcoin I would eat my words, but that would imply that the CIA would provoke a color revolution or whatever they call them in El Salvador.
So I don't know what is a worse strategy, if accepting the IMF loan or spending it on Bitcoin, both are pretty stupid because of the consequences they will have for El Salvador.
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Hard to do a revolution a de-facto war zone where the leader has 60%+ support of common people. Maybe through law enforcers or army, but AFAIK they are on his side too.
Let's see 🍿
It's very patronising damage limitation. The covenants of the IMF facility are quite obviously not going to allow El Salvador to draw down in order to buy Bitcoin.
El Salvador has always been the trial balloon for the US. The US wants to become the de-facto IMF through bitcoin. #Bitcoin is how the US govt gets out from under the boot of the #Fed and the #IMF . We're just the pawns in the middle making some money.
It doesn't matter what he does, he has completely surrendered to his masters, the IMF, by making bitcoin no longer legal tender. He wants to look like he hasn't lost his dignity by saying they will continue to accept it on a voluntary basis, but that's the difference between being legal tender or not. Stacey continues to claim that btc is still legal tender, which is false.
Let it play out.
Though, your line of thinking is exactly what I thought when reading Bukele was buying more Bitcoin with what appears to be IMF money...
Corporate accounting may allow for it as long as the funds are not commingled because technically, he would not be using IMF funds. But that all depends on the verbiage.
Either way, it's an unnecessary target on his back. Should've just pushed for more mining.
It's highly suspect to me. Most of the time he's been doing the bitcoin strategy, he was underwater on the first buy. Getting dragged through the mud by everyone and still basically told the IMF to kick rocks. Now he's up, the country is in an apparently more stable condition than when they started. And so you take IMF money now? Why? Max kaiser wants us to believe its because he's just fucking with them? Fucking with the IMF should be success without the IMF - or maybe i misunderstood the objective.
🎯
Maybe he got an 'offer he couldn't refuse'? In the past, some Latin American politicians died under strange circumstances when they tried to stand up to the U.S. government or corporations. You can read more in "Confessions of an Economic Hit Man".
First eat your words and stop worrieng preemtively.
I am sure Bukele knows much better than you what he is doing.
Just a hint, CIA, FBI and the whole deep state is going to be ... lets say restructured under Trump.
Hahahaha what a joke.
Trump governs because they let him, the treasury secretary chosen by Larry Fink himself.
What are you 14 years old?
Sometimes we need to check our cynicism.
They put the guy through nearly a decade of lawfare and then tried to assassinate him twice.
Trump is not one of the good ol' boys. He doesn't play ball by their rules and he can't be controlled. He's a wild card, and that's bad for their business.
true, but mostly irrelevant.
if he's meant to be dead he would be dead.
if they wanted him in jail he would be in jail.
or there's no such thing as deep state. It's a theathre and don't believe a single word he says.
that applies to all politions.
Yours is effectively a Salem witch trial logic. If he survived their torture, then it's because they wanted him in power...
Like I said, maybe you need to check your cynicism.
So why did they try to kill him twice?
