"Appease the moneyed classes or starve" doesn't seem like a very just way to run the world. Granted, the IMF isn't the arbiter of justice, but punishing the PEOPLE of El Salvador for the actions of the local ruling classes is just cruel. Even if the "financial trouble" could lead to "regime change", we're obscuring the horrors for the citizenry behind some smarmy journalism words.
Re:Is El Salvador Up?
by toomuchtodo on Wednesday August 17, 2022 @12:16AM
(#32492279)
So stage a coup and put adults in charge instead of a crypto bro gambling away a nation’s sovereign funds. I agree the IMF should assist the El Salvadoran people, but that’s not currently an option being presented.
> So stage a coup
Have you ever stayed a coup? It is very very difficult. And historically, the consequences of coups have been mixed.
It's like people saying the Russians should just overthrow Putin...
It’s political in the sense that the IMF doesn’t want to throw fiat at an irresponsible government that is gambling away sovereign dollars. Good money after bad and all that.