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Did the IMF crash Bitcoin to make El Salvador look bad? : Bitcoin


Jesus, the absence of understanding of standard economics here is incredible.

El Salvador obtained $800M nearly ten years earlier, in January it’ll be time to pay it back.

Due to enormous quantities of corruption and a big violence issue, the El Salvadorian economy remains in the shitter, the govt continues to invest even more than it takes in in taxes. None of this is brand-new or the doing of the IMF.

In the in 2015 El Salvador has actually taken $150M of tax income and chose to attempt and leave this mess.