https://www.thedailybeast.com/in-nic...feed-fake-news
I always thought that this left of center news source was named after Hillary Clinton.
What is true is,, most of the lefties have deserted Nicaragua.
There is always going to be the odd apologist taking money from someone;
TeleSur and RT still talk about how wonderful life is in Venezuela.\
https://www.laprensa.com.ni/2018/10/...fondos-al-inss
So,, the article claims that the Sandinista government will "internally fund" the INSS deficit.
Details are sketchy as to the "internally fund",, INSS lost 110 thousand workers paying INTO the fund since the difficulties started,, so that can only contribute to the shortfall.
Another article explains how, despite doubling the current return,
>>>>the BCN securities offering didn't garner a single fish (you can google sucker yourself for a picture), in its first week of availability.
I SUSPECT what is going to happen is,, we will start seeing more of the link below. And even stranger Cordoba manifestations. The BCN's explanation: "The serial numbers wore off the notes" was called into question when several people noted that the bills were 1; new , and 2; were used to pay Turbas.
C$ 4 billion in C$20 cordoba notes is a lot,, but as far as the INSS goes,, it's all just a register entry anyway.
Everyone will catch on eventually,, but it will take a few months for inflation to really take off.
The next thing you will see is price control on the "granos basicos",,
and that will frost the campesinos who will be quickly paid less than their production cost.
Is this sounding familiar to anyone???
It's DejaVu all over again.
https://www.laprensa.com.ni/2018/10/...ie-sean-falsos
Danny has some existing remnants of loans that he could re-purpose.
He may even be able to hide the diversion from the lenders for at least a while.
Everyone keeps a pretty good eye on their money in Nicaragua,, but what can they do?
They are not going to give him any more anyway,, and he knows it.
I predict that Ortega will be out of dollars by the end of the year.
We should start seeing the "Skinny Cuban,, Fat Cuban" phenomenon next year,,
the Nicaraguans with remesas will maintain their weight,, the rest will skinny down
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