Viva Evo, viva Bolivia. Fuck the IMF.
And that's just over 10 months. Imagine how high it would be if they kept the loan.
Not all interest $19.6 million due to exchange rate variation; $4.7 million in commissions and interests They took a 24.3 million bath still tho
I was really worried they were going to be saddled with that shit for a long time. Glad they got on it right away and know what a fucking scam the IMF loans are.
Why tf were the interim government allowed to make major financial decisions to being with? And doing so without the consent of Evo's party which still controlled their legislature. The whole thing was such a fucking joke and I can't believe mainstream pundits went with it initially. I mean of course they did, but it's incredible how they can side with a coup the justification of which are so ridiculous and not face a legitimacy crisis.
It's like a guy showing up at the bank, looking a mess, bleeding from a cut, breathing heavily, clutching a bunch of crumpled paperwork for someone who doesn't look anything like him. "Here. I am Mr... uh... Mr. Bol Ivia. Give me a loan quick. This is the deed to this h- to my house as security. Any interest rate will do. Where do I sign?" "...Of course, Mr. Ivia! We'll fast-track your application and get you your cash."
That is awesome news! The IMF may be the worst thing to happen to society.
It's always heartwarming to see socialism triumph in other nations. God knows it won't in my shithole country. Fuck the IMF :evo: :maduro-salute: :fidel-salute:
Can we get an Arce emoji? He was the head of the economy during Evo's terms, and he's the president now.
Ceaușescu also paid off foreign loans. Acre better get that military as loyal as Cuba's or Venezuela's.
