/biz/ - Business & Finance

only if el presidente sostienebolsas consolidates his power for life, otherwise you will get some caudillo retard taking his place and fucking it up back to its previous state for "muh freedom of the people" in this case the people are tha gangs who will make him rich.

>>56910598
>muh dictators le GOOOOD
go back to pol, nigger

>>56910615
he is a dictator in the roman sense yes, now seethe and dilate cholo, did your coke got more expensive since the MS in behind bars thats why you are butthurt? LMAOOOOO

>>56910615
>beaners can form le functioning states
Name one (1) single solitary latinx folx state you think of as being worth even half a shit other than for tourism, gated communities and
heavily policed economical top 15% neighborhoods in major cities

>>56910588
>Is a central american nation a good investment
Try reading a history book and you'll get your answer.

https://en.wikipedia.org/wiki/List_of_sovereign_states_by_economic_freedom

>90th and 84th
Wow El Salvador totally isn't an economically repressed shithole

>>56910758
That list is literal bobo fudposting just done with much more apparent prestige.

>>56911039
why didn't bukele free his market? it's still a socialist shithole
he did literally nothing on economic issues

>>56910709
>The year is 1812
>Hey, that newly independent America colony seems to be doing pretty well - looks like they broke free of the British imperial hegemon and-
>READ A BOOK RETARD, WHEN HAS AMERICA EVER BEEN A SUPERPOWER BEFORE? OH THAT'S RIGHT, NEVER
literally you

>>56910588
El Salvador will be the next Singapore, Venezuela can be the next Saudi if they evict the retarded boomers running their governments

>>56910615
Plato was right about Democracy. Enlightened despot/philosopher king ftw

>>56911196
>El Salvador will be the next Singapore
LMAO
Yeah a socialist shithole will turn into singapore, suuure

>>56910615
Name one democracy that's not fucked up by zionists with rampant feminism, niggers and mudslines, sky high taxes and lgbtqiap nonsense

>>56911053
>why didn't bukele free his market?

Are you stupid or just a liar?

https://www.rt.com/business/575826-salvador-tech-tax-crypto/

El Salvador’s President Nayib Bukele announced on Thursday the enactment of a law that eliminates taxes on innovative technologies, such as software creation, coding, and artificial intelligence (AI), among others. Bukele is eager to turn his country into Latin America’s tech leader.

The law signed by the Salvadoran president will exempt technology companies from all taxes for at least 15 years, according to Binance.

“I’ve just signed into law, the INNOVATION AND TECHNOLOGY MANUFACTURING INCENTIVES ACT, that eliminates all taxes (income, property, capital gains and import tariffs) on technology innovations, software and app programming, AI, computer and communications hardware manufacturing,” Bukele wrote on Twitter.

The law is expected to “contribute significantly to the country’s economic development,” creating more jobs for young people. It could also create opportunities for the development of AI.

>>56911382
>slightly lowers taxes on one sector
>keeps the mass corruption in the court system, high taxes overall, high levels of government spending, lack of free trade, inflation, stupid regulations, bad labor laws, welfare spending

LOL

>>56911237
Why not reject both democracy and dictatorship in favor of voluntaryism?

A good dictator is a lottery ticket. They're rare, but far superior to crony republics/democracies. The rareness though makes a dictatorship in general undesirable. Good for El Salvador though.

Ideally we need a split monarchy/parliamentary system, to balance the short term will of the people with the long term will of an invested native of the country.

>>56910588
Both Argentina and El salvador are the next big narratives of 2024. Long story short i copytrade on dexscreener all day and there's these two wallets that i follow and i found out they're actually devs of another token. Thing is i did some research and in their socials they keep hyping up the fact that they're moving to Argentina. So i dig some more and all of their friends are also moving to Argentina.
Crypto might be facing mass adoption in a way we never thought possible

>>56910615
Ironically dictators are ya “Le good”

It depends on the tator obviously Maduro is a bad tator but Lee Quan Yew good.

Idi Amin Bad tator Xi Jinping good tator

>>56911661
>hands cropped out
AI

>>56911392
>keeps the mass corruption in the court system, high taxes overall, high levels of government spending, lack of free trade, inflation, stupid regulations, bad labor laws, welfare spending

Deep state hands typed this.

>>56910588
How would i invest in EL Salvador?

>>56911792
idiot

>>56911053
>>56911296
El Salvador is far from socialist

>>56911484
>voluntaryism
Because you'll get meme'd on by anyone who doesn't care about your retarded principals.

>>56910615
>t. his entire knowledge of history is what he's been spoonfed by state-sponsored propaganda

>>56911513
>to balance the short term will of the people with the long term will of an invested native of the country.
While I agree in principle this is essentially what we already have due to corporate lobbying. The "invested natives" of today are executives of multinational corporations. The incentive structure no longer works because modern nobility is inherently state agnostic.

>>56911392
>slightly lowers taxes on one sector
if a multi million dollar company opens there they save millions of dollars a year at those low tax levels. if people in the country work for that company and get paid well with some of the extra money that the company saves, they use the money at local businesses which helps other businesses in the country do well. don't underestimate what creating a middle class can do for a country.

>>56914538

This is superseded by the cosmopolitan, profit-seeking nature of multi-national corporations. Domestic corporations, sure, but once free global trade became the meta you could no longer rely on "your companies" to lobby for the best economic thing.

A monarch would be firmly anchored to the fate of his country, he couldn't move his HQ. And there's a certain level of accountability with having a true head of state that everyone can pick out and yell at if things are going wrong, rather than a massive, faceless bureaucratic mass like we have now.