Paraguay bank collapses with half of population's savings

(aljazeera.com)

61 points | by mikhael 11 hours ago

4 comments

  • orsorna 11 hours ago
    The submitted link borders on worthlessness, even though the topic seems very interesting. Here is something quick I grabbed:

    https://abcnews.com/International/wireStory/paraguay-seizes-...

  • JumpCrisscross 11 hours ago
  • tartoran 10 hours ago
    Santiago Peña resigned as president of Paraguay. I wonder if this is a domino effect of Trump losing midterms.
    • sombragris 9 hours ago
      Paraguayan here. Not really, it's more of internal political maneuvering. With all that said, Peña was really deep into that bank crap, so the resignation is justified in my opinion.
    • jmclnx 6 hours ago
      I doubt it, but based upon the abc link orsorna posted, I cannot but help to think if this is a preview to the *coins (!bit) created at the start of Trump 2. This includes Trump's Coin.
  • bigbadfeline 10 hours ago
    Business as usual.
    • malux85 8 hours ago
      Please dont normalize the devastation of the majority of the population of a country
      • sombragris 6 hours ago
        The situation is awful, but it's not "devastation". Deposits are guaranteed and the guarantee is being executed. 98% of savings account will be paid in full.