Re:El Salvador expected to default as Bitcoin plummets
by jrvarela56 on Wednesday May 11, 2022 @11:21AM
(#31341295)
Because 'my country' isn't a conscious entity. The people inside the institutions are cronies of current senators.
The loans are a way to circumvent budgeting. Not sure on specifics but it's easier for them to accept the loan vs getting cash handed to them by the country's comptroller (Contraloria is the entity in Spanish).
The loans are a way to circumvent budgeting. Not sure on specifics but it's easier for them to accept the loan vs getting cash handed to them by the country's comptroller (Contraloria is the entity in Spanish).