I wonder how the sovereign debt market would respond to bukele's illegal reelection given that if he breaks salvadoran law to be reelected possibly indefinitely, how would investors have guarantee that his government will honor future debt payments? It seems to me that the salvadoran government has budgeted everything to ensure short term conditions because their sole goal appears to be to remain in power, but that there is no plan for the mid to long terms. Is a run on the banks still a likely scenario in the months right after reelection? I learned from a previous post that you are venezuelan, so I've wondered if you are aware or even know personally the venezuelan members of bukele's staff such as Sarah Hanna Georges, Lorenzo Rey, Lester Toledo, Miguel Sabal, Miguel Arevalo, Tomas Hernandez, Roddy Rodriguez, Juan Carlos Gutierrez, Santiago Rosas, Ernesto Herrera, etc. all of whom advice bukele on finance, government economic policy, bitcoin, etc. There is also parallelisms between Hugo Chavez and nayib bukele in terms of populist, demagogue leaders who dismantle democratic institutions to amass and remain in power while pushing their countries to economic catastrophe; with that said I would like to know if you can illustrate what that means for the salvadoran economy drawing from venezuela's recent economic history and granted the vast and diverse differences between el salvador and venezuela?
I wonder how the sovereign debt market would respond to bukele's illegal reelection given that if he breaks salvadoran law to be reelected possibly indefinitely, how would investors have guarantee that his government will honor future debt payments? It seems to me that the salvadoran government has budgeted everything to ensure short term conditions because their sole goal appears to be to remain in power, but that there is no plan for the mid to long terms. Is a run on the banks still a likely scenario in the months right after reelection? I learned from a previous post that you are venezuelan, so I've wondered if you are aware or even know personally the venezuelan members of bukele's staff such as Sarah Hanna Georges, Lorenzo Rey, Lester Toledo, Miguel Sabal, Miguel Arevalo, Tomas Hernandez, Roddy Rodriguez, Juan Carlos Gutierrez, Santiago Rosas, Ernesto Herrera, etc. all of whom advice bukele on finance, government economic policy, bitcoin, etc. There is also parallelisms between Hugo Chavez and nayib bukele in terms of populist, demagogue leaders who dismantle democratic institutions to amass and remain in power while pushing their countries to economic catastrophe; with that said I would like to know if you can illustrate what that means for the salvadoran economy drawing from venezuela's recent economic history and granted the vast and diverse differences between el salvador and venezuela?