Last year, many media/news reports said El Salvador was gonna default on their $800m sovereign debt because they adopted Bitcoin. Well, El Salvador just paid all of it back... and the same media now refuses to cover it.
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Last year, every news paper and media house had people convinced that El Salvador is going to default on their sovereign debt, it was only a matter of time. Rating agencies cut El Salvador's ratings, these media houses put out timely reminders that El Salvador was bankrupt. NYT: Bitcoin moved the nation close to default This was called out by President Bukele at that time too, that NYT devoted a full page to El Salvador when they have never turned their attention to a small and poor nation ever before. Full page NYT article \"poor country closer to default\" Not just NYT, Washington Post too and many others joined in. So many articles that El Salvador is broke and about to default.... Well what do you know, El Salvador just repaid their debt yesterday. Lets look at how the same media is covering this... Wait, they arent covering it. Not a single article in the NYT about it.... President Bukele has gone scorched earth on the double standards of the media: https://twitter.com/nayibbukele/status/1617695406812721156
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