I was not a legal tender anyway, the people on the street didn’t accept and the government didn’t pushed Bitcoin, IMF got crumbles for billions. I’ll call it a good deal for El Salvador
Discussion
Not sure I understand the argument .
How can “securing” a loan from the IMF be a good deal?
A loan is a loan, regardless of the lender. What matters is that the interest rate is lower than the expected return on investment. The IMF has created a global network of economic junkies because their leaders are so consumed by short-term greed that they make oxycontin addicts look responsible.
Im still not getting it. I can’t tell if you’re sarcastic or if you think in paradoxes.
How can a loan be a good thing but in the same argument you call the people taking on the loan “junkies”.
It’s all about the leaders of the states accepting the loan. Bukele seems to have a complete different time preference and vision.