Bukele jumped off the IMF needle: El Salvador's public debt jumped on Monday after President Nayib Bukele said the 2025 budget would not include "a cent of debt."

Bloomberg saw this as a disaster, but in reality, things are different.

Bukele sees a future for the country without the IMF and other creditors. Instead, El Salvador is betting on the development of the bitcoin economy, tourism, security, and energy.

He is probably the only president in the world who does everything the other way around.

Meanwhile, the countries of the global world are getting closer to CBDC: 134 countries, covering almost the entire world economy, are seriously studying this technology - China, the Bahamas, and Nigeria are already implementing CBDC.

So, it is not artificial intelligence that should be feared, but CBDC - it will become an instrument of control. For most, it may start with good bonuses, then — a “soft” abolition of cash, and ultimately — the state (read as the IMF) will gain full control over citizens’ wallets.

By the way, the social rating has long been tested in some countries: those who have repeatedly violated the law or social norm — regularly running across the road in the wrong place or driving drunk, not paying taxes and not paying loans — are blacklisted. As punishment, a number of restrictions are imposed: people’s Internet speed is reduced, access to social and government services, as well as public transport, is restricted.

And returning to El Salvador, I want to say this: against the backdrop of economic changes, Bukele has achieved great results in the fight against crime. In 9 years, the country has gone from being the most dangerous place in the Western Hemisphere to one of the safest today, second only to Canada.

So how did this transformation happen? 

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