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Thread: Rumor - All $US acconts to be changed to Cords Sept 17

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    TRN Science officer bill_bly_ca's Avatar
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    Default Rumor - All $US acconts to be changed to Cords Sept 17

    This is a percolating FB thread so it could be complete hogwash... But.. These are interesting times Eh...

    Apparently, on Sept 17 (A Monday) All $US accounts will be converted to Cords.

    So if you have a $US account in a non US bank probably a good idea to either get more info or act.

    I am guessing they can not do that with a US based bank, but some of the others could be easy pickings..
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Well, since Fakebook now uses fake news filters and warns everyone when they pass along potentially fake news, the truth of it should be obvious. You can always trust social[ist] media to do the right thing, they're here to help you.

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    Dog Whisperer cookshow's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Would not be first time this happened in Nica. Dollars are getting harder to obtain, that is fact, not FB.
    ‎"You know what you say when people tell you you can't do something? Fool, shut your mouth up!"
    Ernie K Doe

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    House SOB Little Corn Tom's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Is there some way on line to short the Cordoba?
    It is inevitable.

    What affects exchange rates between the US dollar and the Nicaraguan córdoba?

    The exchange rate between the dollar and the córdoba is strictly controlled by the Nicaraguan central bank — meaning it isn’t subject to other external factors. Since 1991, the córdoba has been devalued by exactly 5% per year compared to the US dollar.
    As long as the Nicaraguan central bank keeps its current policy in place, we can expect the 5% annual depreciation to continue. Still, for those thinking about making a major purchase or investment in Nicaragua, it may be worth looking out for signs that the policy is changing. Some of these signs may include:

    • Unusually big changes in the value of the US dollar compared to other major currencies
    • Big political changes in Nicaragua
    • Big changes in the trade between Nicaragua and the US
    • A worsened political or economic relationship between Nicaragua and the US
    Life's different here ... It's a whole 'nother pace.

  5. #5

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    May be false flag, may be manipulation to keep the banks in line. As long as Nic is dual currency I don't see much pressure on the cord. If they dump the buck the cord could crash.

    Sucked some bucks out of the ATM today, no problems.

    Banks and supers closed today for the paro, gas stations and many stores open. Little traffic on the Panam. Cotran open. Marches and stuff for the weekend. Esteli is a Sandi town, disputable how many are orteguista and how many are row-run. I suspect some of the open stores are Sandi owned. Not many cars in the parking lots, they might be open for politics or for boredom. or desperation, a couple sales is better than nothing.

    "Support mental health or I'll break your head"


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    TRN Science officer bill_bly_ca's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Well it could all be hogwash, but with the recent monkeying with the BCN $US exchange framework and then the withdrawn of $C3B from circulation who knows what is next.

    Side banter states it will be on all $US Social Security deposits to bolster their dollar reserves.

    <Shrug>

    Let BIL know ( who worked up here for 27 yrs) He has no $US holdings and has his LTD payments made to his Cord account every month, SIL and other BIL do not have accounts and BIL #3, who never left and has some holdings, Chilo saint a message. He is far better connected than all of us and will probably either reply "BS" or "You did not know this already" ?

    Time will tell.
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    Dog Whisperer cookshow's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    So much fake news and propaganda from all directions, hard to decipher.
    ‎"You know what you say when people tell you you can't do something? Fool, shut your mouth up!"
    Ernie K Doe

  8. #8

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Nietzsche: "God is dead"
    God: "Nietzsche is dead"

    Who ya gonna believe?

    "Support mental health or I'll break your head"


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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Nietzsche is dead, therefore God is right.

  10. #10

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Quote Originally Posted by el duende grande View Post
    Nietzsche: "God is dead"
    God: "Nietzsche is dead"

    Who ya gonna believe?

    Anybody but Ortega.

  11. #11

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Actually, I think Ortega rates one step ahead of Nikki Halley. She impresses me as a republican clone of hillary. Coming to a presidential election before you know it.

    "Support mental health or I'll break your head"


  12. #12

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Quote Originally Posted by el duende grande View Post
    Actually, I think Ortega rates one step ahead of Nikki Halley. She impresses me as a republican clone of hillary. Coming to a presidential election before you know it.


    I don't know,,, I think Hillary is more like the Chamuka.
    They are both loca, lie like rugs about everything,, and are both married to perverts.

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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Quote Originally Posted by KeyWestPirate View Post
    I don't know,,, I think Hillary is more like the Chamuka.
    They are both loca, lie like rugs about everything,, and are both married to perverts.
    That ain't even the half of it.

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    TRN Science officer bill_bly_ca's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    You guys can sure pick'em - Just sayn'
    ==================================================
    Dude !!!.... Its a Canal !!! Can you Dig it ??

  15. #15

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Getting back on topic,,, this guy says the dollars will last until November .

    So you have another month and a half to move your money to Panama -- -- -- maybe. Depends on whether DO gets to the bank first.

    https://havanatimes.org/?p=140691

  16. #16

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Makes sense from a totalitarian point of view. As sumbuddy once said, Give me control of the money supply and I can tell the politicos to go suck an egg. Or something to that effect.

    Practically, it would do in the banks . The banks would shrink down like the airlines and the tourist industry and trigger another crisis.The one percent surcharge, which would be pure unearned profit to the Central Bank, made more sense. A percent here, a percent there, someday it could add up to some real money. Of course, the train from Monkey Point made sense, too, and you can see how far it got.

    Back to wishful thinking, a friend of the family fell for the old US Consulate Scam "you can always apply for a visa in Honduras". She came back pissed, out her $160 bucks plus expenses, and left the country with her 2 under 5 children. Her parting words were something like 'well, if they want everybody to go wet, that's what we'll do".

    "Support mental health or I'll break your head"


  17. #17

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    "....Her parting words were something like 'well, if they want everybody to go wet, that's what we'll do".


    Going mojada isn't what it used to be. More are being apprehended , and the security of not being deported just because you've been here for a stretch is gone.

    Immigration judges continue to be under the thumb of the DOJ. The process grinds interminably, with less and less favorable results for claimants.

    My sense is,, ICE is hunting those with criminal histories,, but a lot of collaterals are snared in the process. Invariably, as you read the heart wrenching story of Jose ripped from the the bosom of his family you encounter,, in the last paragraph of the article, his "So many years ago" convictions for anything from aggravated assault to drug dealing. An example: the poor guy driving his expectant wife to the hospital grabbed by ICE.
    "HOW COULD THEY" trumpets the left??
    Then we find out he was wanted in Mexico for murder.

    The immigration debate stirs up the base on both sides. It's a convenient political hammer for both sides. The motivation to truly solve it, or even meaningfully mitigate it,, is lacking.
    Last edited by KeyWestPirate; 09-12-2018 at 02:46 PM.

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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Going wet is so popular, even Bangladeshis are doing it.

  19. #19

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Me thinks the 6 +1 (Cuba) failed nations in Latin America are going to sink the rest in a human sea of "refugees", not to mention the stray Africans and Muslims that are passing through.

    As the great Al Bundy was prone to say "Oh, the humanity of it".

    "Support mental health or I'll break your head"


  20. #20

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    I'd hate to be a Bangladeshi. Living in mud does not appeal to me.
    Quote Originally Posted by Jonh View Post
    Going wet is so popular, even Bangladeshis are doing it.

    "Support mental health or I'll break your head"


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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    For whatever reason, they’re crossing the Pacific to Mexico now, for the privilege of paying someone $27k to become illegal US immigrants. Who knew Bangladeshis were so rich? I guess Paul McCartney raised enough money for them to do all this. Or maybe they leaned how to flip distressed properties.

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    TRN Science officer bill_bly_ca's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Quote Originally Posted by Jonh View Post
    For whatever reason, they’re crossing the Pacific to Mexico now, for the privilege of paying someone $27k to become illegal US immigrants. Who knew Bangladeshis were so rich?
    A lot of these are indentured trips - 5 to 7 yrs to work it off in some sweatshop somewhere. Many Asian groups are indebted to the Mexican migrant as they take it on the chin as Chinese, South East Asian, and Affrican migrants get through without little or no media attention.

    When the man with the nice hair came in many ran up here in fear - only about 6 in 10 of those pass the vetting and get to stay.
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    What, you mean Canada deports them? That's racist. I know because the news told me so.

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    TRN Science officer bill_bly_ca's Avatar
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    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Quote Originally Posted by Jonh View Post
    What, you mean Canada deports them? That's racist. I know because the news told me so.

    ==================================================
    Dude !!!.... Its a Canal !!! Can you Dig it ??

  25. #25

    Default Re: Rumor - All $US acconts to be changed to Cords Sept 17

    Lotta racists in this world. Check out this guy--
    https://www.youtube.com/watch?v=2maJGAZag3s

    Quote Originally Posted by Jonh View Post
    What, you mean Canada deports them? That's racist. I know because the news told me so.

    "Support mental health or I'll break your head"


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