I hate to be the bearer of bad news....but

Submitted by ezgringa on 15 May, 2008 - 17:13.

I am in no way a political person. I am only quoting my sources. My sources close to the government and anti Sandinistas say however, (and they are credible to me).that Ortega's plan is to bring the country to chaos...ahh transportation, food, electricity. Now we have chaos.... He will then take control to :Restore Chaos" ala Sr. Chavez in Venezuela taking control of all that he can which was within the private sector..... Comments?

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CURRENCY DEVALUATION AND CONFISCATIONS ANYONE?!?!?

in case you gringos missed it, there was a rumor that there would be a possible currency devaluation. It was denied by the central bank, but it will come as the people are currently distracted by the transport strike.

those who lived through the infamous 1988 surprise devaluation can tell you of several warning signs. If you have a tienda and suddenly you see a huge influx of customers....be afraid very afraid.

Ortega is being pressured by Chavez to be more radical. Ortega already got part of Fenosa, but the sandinistas favorite item to be confiscated is LAND. When and if it happens, the first targets will be the gringos in San Juan Del Sur. The comandantes have that down to a science.

They will be quiet while a couple of beach mansions are built and improved, and then a piñatazo!. sucker punch style!

Look out! The sky is falling, again . . .

Someone is either yanking your chain or trying to impress you with insider information they don't really have (a suitor perhaps?). Currency devaluations happen all the time. Even the dollar is down over 50% against the Euro in the past 7 years. It will be down a lot further before the year is out.

As for land grabs and confiscation of property, what would be the point? Who are they gonna sell it to? This isn't the 80s. The Sandanistas are a shadow of their once great power, and this is no longer a revolution.

I doubt Chavez has as much influence as you think. Ortega has been around a lot longer than Chavez, and despite appreciating the oil, he's not taking orders from him. For that matter, Chavez wouldn't give such an order. There's no point. For what? A few beach houses and some furniture?

Me thinks 'twas an acorn that landed on thine head.

La Pinata

Is there anything better than to have someone else invest $$$ time and effort in building a dream house, then, by government decree take his property and up to this date, live in it.? There's no need to sell it, just enjoy it.

Devaluation: According to El Banco Central de Nicaragua(BCN), as reported by El Nuevo diario of 5/12/08: "...De conformidad con los compromisos establecidos en el Programa Economico-Financiero 2007-2010, la taza de deslizamiento del tipo de cambio se mantendra en el 5% anual" Roughly Translated: "The Cordoba will slide(downward) relative to the US Dollar at a rate of 5% per year"

If the Dollar enters in a vertical fall against the Euro and other currencies, what would happen to the Cordoba since its pegged to the USD?

In Your Bios, you are located in Tijuana, Mex., I have this question, What do you think of the "Fideicomiso" Law as it applies to Mexican Beachfront property? Do you think it would work in Nicaragua?

Thanks for reading,

Al

So I'll cruise along always searching for songs . . .

Not a lawyer, a thief or a banker . . .

Hi Al,

Previously, foreigners could only "lease" beachfront and border property for up to 30 years. The lease part means that it is legally property of the bank, but I don't know of anyone ever having their land confiscated by the bank. After 30 years, you had to sell it to a new owner. Under the new system, the "leases" are extended to 99 years, and they can be willed to heirs and the 99 years starts over. In short, Fideicomiso exists in name only.

I don't really see the usefulness for such a law. Nobody really owns property anyway. It's not like they can take it somewhere else if they feel like it. In the end, we're all just leasing with the option to sell the lease or leave it to our kids. While I can understand protecting people who subsist on their land from speculators, beachfront property is a luxury item based on the deep felt human desire to see water. Unless you're farming it, and beachfront property rarely is, the only "value" to the land is consumer confidence.

I suppose there is always a danger that a government can take anyone's land. They have bigger guns and trained killers on the payroll. This is compounded by conflicting claims to land that are not entirely settled when the land is bought and sold (I've seen that happen in Mexico). I understand that a lot of land was confiscated and redistributed in the 80s, and considering how much of that land was aquired by its then owners, it was probably justified. The problem of true ownership is compounded when unknowing foreigners move in and start aquiring property for speculation, only to find years later that there is still a conflicting claim to their land. Buyer beware, I suppose. If it looks like a bargain, there's probably a reason.

As for the currency devaluation, I've seen my share of those, and while they suck, they aren't the end of the world. It's the first time I've seen the dollar hit so bad though. Markets will adjust, people will move on. Whatever happens to the dollar, it won't be as wild as the Mexican Peso has been in the last 20 years (down about 1000% percent against the dollar despite NAFTA). Central banks are bursting at the seams with dollars, and many currencies are pegged to the dollar (including the Yuan). It will take a while for them to all return to the days of the mixed basket of currencies that was previously considered prudent banking. Watch for oil-exporting countries to start excepting currencies other than dollars, then things will get ugly ($2.50 per euro anyone?).

The beauty of it is, most country's debts are in dollars, so as the dollar plumetts, so does the debt. The secret is to export to countries other than the U.S., and accept payments in a variety of currencies.

In the end, markets adjust and Nicaragua will still produce enough food to feed itself. We'll see how she distributes it.

The sky isn't falling, it's just a little cloudy right now.

Fideicomiso en Nica

Hola Doc.

Fideicomiso in Nica, would work the same way as it does in Mex., here's how,

The foreign buyer enters into a contract with a designated Nica bank, then the buyer occupies the land and the bank keeps the money and holds the title. This transaction, multiplied by thousands of potential buyers will result in a large influx of capital into the Nica banks, the banks will work and evolve the capital, therefore, benefiting(hopefully) the National economy.

Other Requirements and same as in Mexico: The "Calvo" clause; * The buyers will treat the property as if themselves were Nicas.

* Foreign buyers are required not to invoke the protection of their own governments in relation to the property with the penalty for noncompliance being fofeiture of the property.

* Fideicomiso transactions have to be approved by the Dpt. of Foreign Affairs.

The Fideicomiso type of transaction, is imo a better way of leasing beachfront property than what is actually happening in Nica, where foreign land speculators come to the country, fleece the sellers and the capital departs the country.

The sky is not falling(yet), A perfect storm is brewing.

Thanks,

Al

I not sure I understand how that works

The foreign buyer enters into a contract with a designated Nica bank, then the buyer occupies the land and the bank keeps the money and holds the title.

If the bank keeps the money, how does the party selling the land get paid?

Who owns the land?

Selling party? the Estate

The missing link:

Law of 1917: "El Estado es dueno de los terrenos comprendidos en una zona de 2 Km. de latitud a lo largo de las costas de ambos oceanos; y a orillas de los lagos y los rios navegables en una latitud de 800 metros; y las islas de los mares territoriales y lagos" Quoted from El Nuevo Diario of 04/09/07.

Roughly translated "The State owns the land comprehended in a zone of 2 Km. of latitude along the coastline of both oceans..."

You can also read this thread: www.nicaliving.com/node/9124

I hope this answer your question.

Al

Still Unclear

I understand that the state technically owns the land, much like imminent domain laws in the U.S., but if I "purchase" a parcel of land, build a house, etc., when I go to sell the property, who gets paid? The new owner has to pay for the purchase, but the money doesn't go to the state, it goes to the seller.

That being the case, I don't see how any capital necessarily stays in local banks, unless I, as the seller, choose to leave that money there as opposed to using it for something else.

Understanding

Hi Doc. after this blog, i will need an Rx for an endless supply of FDC.

"No hay peor ciego que el que no quiere ver" its a saying that you're probably familiar with.

I guess, is very difficult to understand the phrase "El Estado es dueno"="The State Owns", imo is not even close to "Imminent domain". I have a clear title of my property here in Calif., and i don't read anywhere in the title that the "State of Calif owns the property", however, if the state deems necessary to take my property to build a fwy, hwy, or anything, then the state will invoke "Imminent domain" and after court proceedings and paying a "Fair market price", the state might kick me out of my house. If i were to live in a property owned by the state, then the state can expel me from it any time, for a reason or none at all.

We are here talking of hypothetical scenarios. such as what steps(if any) would the Admn. in Nica take to recover the coastal land? By what mechanisms would the state compensate the present occupiers of the land? If the hypothetical Fideicomiso law/rule is ever enacted, what arrangements would the Govt. make with the Bank(s)? etc, etc,

The important fact here, is to realize that the issue of the coastal land in Nica, hasn't been settled, and neither you nor i can predict what this administration will do regarding this issue. But if you want some happy news, talk to your local Nica land speculator.

This was a good conversation

Thanks,

Al

Ah, now I get it

I was under the impression that the coastal land issue had been settled, at least in most part. I didn't realize it was still under real practical debate. So under this scenario, the state would become the physical owner, which would require confiscation of the land from its present owners. I imagine that would suck monkey balls for those who've purchased coastal land.

I don't know how that would really be to the government's advantage, though. There is very little intrinsic value to coastal land without the presence of an investor class. The only reason coastal properties have any value at all is because people are willing to invest in them. Once they've confiscated the land/properties, they need to sell (lease) them to somebody. I doubt there would be many takers while there is a reasonable chance of having their properties confiscated (or in this case, being evicted) without compensation, not even for residential properties. It would remove any "value" to the properties and leave them with a bunch of empty hotels, unbuilt lots and vacation homes.

They might be stupid enough to pull something like that, but I doubt it. I think the page has turned on the 20th century. Plus, I don't think the Sandanistas are as omnipotent as people think. They shout a lot, but they don't seem to get very much done. I may be naive on that issue, but my impression is that there is serious political debate taking place at all levels of Nicaraguan society on a routine and daily basis (unlike in Mexico where most people are totally ignorant of the goings on of their government). There's much more of a direct democracy feel to it, despite all the corruption. When that happens, silly things happen from time to time but it is hard for totalitarianism to really get a foothold. I think we're going to see a significant sea change in the next decade as the revoloutionaries move on (to spend their loot in Switzerland). Maybe when they open up the Albanica books (which I maintain they will) they can flush the toilets on the upper levels and open the field for some new players. Costa Rica locks up their ex-presidents, so there's hope. I suppose only time will tell on that one.

As for the prescription, you don't need one since FDC is an OTC remedy. However, stop by in a few months and I'll give you some office samples!

Saludos,

Jason

sounds like wishful thinking going on

I am no Economist for Nicaragua and I suppose anything is possible, however, what a mother of a disaster! if a minority of Nica's in power outright stole private property on top of all the economic malaise going on now and what surely must be tough times ahead for 2008 right through to 2009.(That's the prediction for the U.S Canada Anyway). Remittances must be down from abroad or heading that way, what Foreign Currency opportunities does the country have? Not an ideal time for sucker punches, surely you would wait until you are at the top of the Game. What do I know? what was that about Lead floating/cork sinking..something like that. being a scottish Gringo I probably missed it.

FROM EXPERIENCES COMES....

Hey Dirtbag or is it Peatbag? I forget....

Here is why we have a perfect storm brewing. The US economy is doing poorly and the remittances to latin america are way way down. This also includes Nicaragua. immigrants are being hit with huge cost increases in food and gasoline. This of course hits them very hard as this is the disposable income they had to send abroad.

Already for the past year we have read stories of immigrants going back to their home countries. as for nica immigrants, this sector of the population tends to be anti-sandinista. (Hell, 15-25% of nicaragua's population lives abroad. The social pressures would be huge if we had sudden influx of nicas who had to return due to the economic situation......

As for tales of fancy about devaluations and land grabs you forget what we nicas experienced in the 1980's. You misunderstand the motivations behind the devaluations. IF Ortega capitulates to the strikers and gives them a 6 cordoba reduction in fuel prices, and then devalues the Cordoba 10-15% what is the net effect on the strikers??!

Think lad! think!

If you believe the sandinistas would not confiscate land again, you are mistaken!

Current situation

No doubt Nicaragua is feeling global inflation more than we are in the USA. When food and fuel go up it disproportionately affects the poorer soul no matter where you live. Over 50% of the current problems in Nicaragua are due to the worldwide situation, hurricane and the rest due to the current mismanagement and the fact that many investors left the country after the last election. How the blame is divided is a real subject for debate.

Ortega did get a major concession on the fuel which without would mean Nicaragua would be in worse shape. Don't forget that the Sandinastas have the monopoly on revolution in Nicaragua and they are now in power. If Monteleagre were the top man there presumably he would not have this major gift from Chavez.

I dare say that if Monteleagre were in charge right now the situation would be far worse in Nicaragua. Nicaragua now drunk on Venezuelain oil would be paying cash on the barrelhead at world prices which would bring the government to its knees. There would be major insurrection in the country similar to what happened during 1908 to 1915 when inflation hit Nicaragua hard and the USA gave the government granted a series of 'loans' to keep the government afloat. Like the suspicion now in those days there was much money missing. Finally the US government gave a 3 million dollar loan pending an election and the US government took over customs in Nicaragua for 17 years to ensure the loan was repaid.

Believe it or not there is an American guy who owns a bus route in Nicaragua. Back in 2006 he said he was clearing about $1100 a month when the price of diesel was only 11 cords a litre. Much problems in this business as you can imagine with employees not showing up, maintenance, and other day to day issues of running this type business. The diesel motor is most efficient at running a vehicle at 55-60 MPH in most cases. Many drivers are driving much faster or have many stops and starts and this degrades fuel effeciency. Running the Bus 75 MPH will burn up 20% more fuel over 60 MPH in many of those buses.

The next year will tell much how Nicaragua gets throught this current situation. I believe this government knows the stakes and will do whatever it it takes to stay in power. They have too as anything less would cause even more problems. Just look at the deal they got from Fenosa. Something like 20% of the company for 16 million dollars in money they claimed was owed. That puts UF the company responsible for over 80% of electrical distribution in the whole country at a market cap of 60-70 million dollars based on this. There is something very wrong with that number for sure. Handing this task over to a hated foreign company in 1990 was a major mistake looking back.

The price of fuel will stabilize in the next 12 - 24 months and go down from there is where the smart money is-no way a gallon of flammible liquid is worth $5.00 a gallon. Price of coal in the USA was $40 a ton and now a $100 or so so maybe Nicaragua would be best suited to build a coal plant which are being built in China from start to finish in one year. US is said to have a 400 year supply and I am sure would be willing to sell. All mentioned before as potential, Geothermal, Solar, and Wind have real potential but as a real factor in the day to day lives of Nicaraguans are many years away.

Let me see if I've got this straight

I want to make sure I make the right preparations. Your brother's cousin's girlfriend's former roomate (once removed) told you that somebody, presumably Ortega and a crack team of Nicaraguan Navy Seals are going to do SOMETHING. Something to do with the banks, transportation, water or something.

What supplies do I need? Money? Gas? Water? Bullets? Duct tape? Flor de Cana? Help me out here. I don't want to get caught with my peter in my hand (again).

Since this crisis is imminent, and the succesful devastation of Nicaraguan society and culture is almost certainly guaranteed (something Ronald Regan couldn't pull off, but hey, he's no Daniel Ortega nor was he a Navy Seal), perhaps you have some property in Nica that you need to unload fast at below market value (HUGE TRACTS OF LAND!). Preferably a finca in the Granada/Masaya area?

Let me know. I'll take it off your hands before it loses all of its value. But hurry! We need to get the title insurance through before the arrival of the soldiers/islamofascists/neocons/locusts arrive!

"Those who are smart enough not to engage in politics are destined to be governed by those who aren't." ----Plato

"Plato was a bore." ----Nietzsche

"Nietzsche was stupid and abnormal." ----Tolstoy

"I am a jelly donut." ----JFK

Well, well

see we do agree on some things.

Except, was not the former roomate....I think it was her former roomate's new boyfriend. I actually don't think ezgringa any "bad" motives (maybe I am naive) but just screwed up and projecting thoughts about Ortega this way. Who the hell knows.

ATZ

I doubt it

Nicaragua has some real problems mostly meaning being a small player in what amounts to global needs. But, when I look at what Ortega has done and is doing, it sorta, almost makes sense. That is, I don't agree with a lot of his decisions but I could see why he would make them. (That is more than I can say for George Bush.)

Transportation is, I'm sure, a temporary problem. The current strike is actually not as big a deal as strikes a few years ago. Food, as far as I can see, is a non-issue. That is, there are no food shortages here. And electricity today is better than 2 years ago.

My "guess" (and it is totally a guess) is to make sure there are some reasonable problems that the Sandinistas "solve" pretty much right before the November elections.

Now, as for taking control of "things", I'm all for it. In a poll a while back most people agreed that Union Finosa should go. Some are pissed off at Enitel. (Not me, they have been fine.) Water didn't get privatized. Transport did to the extent that rail went away. Natural resources are pretty much gone. So, I don't see much to take control of.

BTW FYl

You live in a major city/town. Granted the transportation strike is over. Let me tell you how it affected my pueblo. The teacher had no bus to come...so there was no school in session for all of these days, So children were home. The only food in our community was what was here, with no outside source to procure more. No buses available to pay their hard earned devaluating cordobas to travel to get more staples. I really don't think you have a clue to the rural peoples here. Esteli os just great! While you live alot less rural than I do, one must understand the toll that this takes upon the "More common" people and what a bus rate hike will do to them who are maids, gardners, fishermen, and live day to day. I hope you truly understand the plight of those in the more rural communities and their way of life. Those are who suffer. Those are hopeful, have smiles, yet have no clue with Ortega.

and by the way

if they have 1 lightbulb and a hammock they are rich as well.

Light bulbs?....

dang, you do live in a "rich" community, we (the rich gringos) have the only light bulb in our neighborhood, a lot of candles , a few kerosene lamps, one person part way up the next hill in the distance seems to have a light bulb, must have a solar panel too. No electricity for us unless we make it. Hammocks are 20 Cord and come with a piece of rope on both ends, but thats 10Km away, bus?, Oh yeah the Toyota micro van that comes about 3Km away (sometimes), 6 Cord to town.

-Doug

If you're not part of the solution, you're part of the precipitate

Bit FYl

You live in a major city/town. Granted the transportation strike is over. Let me tell you how it affected my pueblo. The teacher had no bus to come...so there was no school in session for all of these days, So children were home. The only food in our community was what was here, with no outside source to procure more. No buses available to pay their hard earned devaluating cordobas to travel to get more staples. I really don't think you have a clue to the rural peoples here. Esteli os just great! While you live alot less rural than I do, one must understand the toll that this takes upon the "More common" people and what a bus rate hike will do to them who are maids, gardners, fishermen, and live day to day. I hope you truly understand the plight of those in the more rural communities and their way of life. Those are who suffer. Those are hopeful, have smiles, yet have no clue with Ortega.

How about banks, water,

How about banks, water, gasoline, transportation, television, news media/radio and electricity? Sounds like a dictatorship maybe? hmmmm.....?

Where have you been?

Banks are government regulated. I suppose they could actually take them over but why?

Water is a government monopoly. It almost wasn't but the people fought to keep it that way.

Taking over transportation is, well, an idea. That is worthy of discussion. I guess that would make it more like the U.S.

The government owns radio and TV stations and regulates the airwaves. In the U.S. big business owns radio and TV stations and pretty much controls the government through it. While the government has guidelines to regulate the airwaves, it seems to not apply to big business.

Most electric generation is done by the government. Electric distribution used to be the government. Having a publically traded Spanish corporation run it hasn't exactly resulted in good service. So, yeah, another idea worthy of discussion.

If you are looking for a potential dictatorship, look a bit into the U.S. these days. Lots of new internment camps. Very high prison population. Death penalty. "Homeland Security" secret police. Nixon appointees still making most of the decisions. The "War on Terrorism". Government conducted torture. ...

Personally, I have a lot more respect for Nicaraguans (and a lot less respect for Joe Sixpack in the U.S.) Percentagewise, more Nicaraguans vote, more Nicaraguans are politically active, more Nicaraguans call a politician on a lie.

As i expressed, I am not

As i expressed, I am not into politics, nor do I profess to know enough to discuss or debate them...just don't shoot the messenger here, Phil.

I hope my sources are wrong

but calls and communications are being made. I can't elaborate more or WON'T on here right now. .Just hope all take heed and have their supplies. I will update as I can in a few days No joke. I hope my sources are wrong......but this is why Ortega is out of the country now..... take my message or don't no problemma.... EZ.

NICA DEEPTHROATS

A self-coup is obviously in the works. The public transport strike if it keeps going will be used by Ortega as an excuse to have martial law declared (the same way Hitler used the Reichstag fire to ban political parties and suspend the constitution. The CPC as the CDS in the 1980's will be the instrument used to crush dissent and quell opposition.

Ortega is making noises of resurrecting the old food rationing system through the CPC/CDS (not a sandinista, you get no food). The food security conference was a smokescreen!!!!. I have given appropriate advise to friends regarding this impending measure.

through my sources (nica deepthroats)I heard of this currency devaluation rumor almost 2 weeks before it was published in La Prensa. My friends and relatives have been warned. When the news broke in la prensa, I got a flood of e-mails and calls from them thanking me for the heads up!.

Also remote access to SMS from outside Nicaragua is being intermittently blocked by Claro. This is certainly suspicious as the Venezuelan opposition spread its message through SMS.

Deepthroat

You speak the truth.... Nothing more need be said.

Am I for real?

OK now I get a private message about my biography profile status and who am I?. What does it matter???? I can put JOE BLOW on my info...Jane Doe, Maria Callas, Elton John, what does it matter? I can lie til the cows come home. CMon!! There ARE people who know ezgringa....check em out. And they know I am as credible as my sources. Stock your food, fiil your tanks, make sure you are registered with the US embassay. EZ

Reasonable question

People here can put (almost) anything in their profile. If it has some credibility and they ask, they get to post to forums. If not, they don't.

I can't speak for everyone but I consider what is in someone's profile when I decide what to make of a post or comment. Of course, when someone suggests that everyone register with the US embassy, I guess I get less interested in even reading their profile.

If you didn't understand that, there are a lot of people on this site that have nothing to do with the U.S. (and a few more that want nothing to do with the U.S.) Personally, I am a resident of Nicaragua and if there is a problem here, I am going to work with my Nicaraguan friends to see how we can deal with it. The last thing I would want is for Uncle Sam to rush into Nicaragua (again) to fix things. He just doesn't have a very good record here.

and you are right on that

and you are right on that topic. As I said, I am NOT a politcal person. What I have tried to post is a warning, being personal friends of both sides of the Government. That is all I have tried to do tonight was to post the alert....

Both sides?

Again, your US-centric comments are coming out. Unlike the U.S., there are four reasonably well-known political parties here and lots of others. Because there are reasonable laws here to guarantee media time to minority parties, they do get heard. And, of course, a legislature elected by proportionally also makes a big difference.

Your "alert" reads more like screaming fire in a crowded theater. People (one presumably FSLN and someone from one of the other political parties) told you something. Sorry, but that's not news.

Personally, if someone from the MRS told me something that sounded important, I would do my homework. Why? Because they seem to not act like typical politicians. Beyond that, I am not ready to take rumors seriously.

I'm all for "alerts" but they just need a bit more content.

OK, take my comments for

OK, take my comments for what they are worth or in your case are not worth. Time will tell the truth, not my comments or yours. I have made my peace with the alert, and i think your boistrous views and constant blogs and opinions are rather dictatorship in and of themselves on this sight. I frankly get tired of reading you as the know it all of Nicaragua.

Yes , I agree with you. He

Yes , I agree with you. He thinks that he knows all.

Don't forget ...

... to pack an extra supply of condoms. Who wants to bring kids into world after the Apocalypse?

Yes that would be true for

Yes that would be true for those of you who think with your D*** instead of your brain. How insightful of you Mike! Are you perpetuating the single Nica mother.....No father? (And she is about a 12 yr. old?) Shame on you and your thoughts.Ypu suck to say the least.

Now there is an eloquent phrase..

"Ypu suck to say the least." © ezgringa, 2008

------------------------------------------------------

I have to congratulate you on your urbane wit,

I may just add that to my favorite quotes.

-Doug

If you're not part of the solution, you're part of the precipitate

It is called

being an agent provacatuer (spp).

As soon as you sent the first post I called my friends at the US State Department and they checked with the CIA, DIA and on up to the White House and said to the best of their knowledge nothing like that is happening. They also assured me that the US Marines have their hands full and will not be coming South except if there is a natural disaster to help out and then get the hell out. They also said that they are not concerned about Otrega and plan to increase aid to him. heis no threat and he makes them look good. They like the fact the Hugo has taken ortega under his wing and spends money on NICA, as someone has to and it is better him than the USA.

Sound like bullshit? Say it three times while looking in the mirror.

FYI...I agree with most of what you say to him, but do not let him represent the USA...we have enough problems without asshole like him stirring th pot. I know the record down this way sucks...but this is not any USA doing, just a jerk. I really agree that the people in this country will take care of it without any "help".

ATZ

What would the USA know to

What would the USA know to what the operatives are doing here? Just thought I would toss that out...BTW I think there are some warships navigating to the Caribbean/Latin America

And the discussion was about. . . ?

This forum should be more than who is who? We should do better on this forum, please keep the discusions on the issues. Do not judge ezgringa for having an opinion as a gringa, maybe she is gringa and think like gringa. If someone is from Japan, of course, he/she will think as Japanese too. (clarification - I do not know her and never had meet her.I never had meet fyl and others in the forum but I respect all of you and your opinions, even when I disagree).

Then, lets go back to the interesting discussion that we had before the personal messages and the discussion was about what will happen next in Nicaragua,

1 - A devaluation will happen this month or not? 2 - If coastal property was going to be confiscated or/and if the "fideicomiso" law from Mexico should work in Nicaragua? 3 - If Nicaragua was coming back to the "Sandinista's 80 with CDS, rationing, power outages, etc?

My response for all of them is, of course everything is possible but they are so many stakeholders in Nicaragua that everything requires a lot of maneuvering from the local and parochial "politicos" and even the government does not prevail all the times.

Just a recommendation to everyone, do not believe what the local politicos say, they are professional liars. As per the rumors, it is a traditional tools used by Nicaraguan parties in the opositon to weak the governments. Sandinistas did it, liberals did it, Somoza did it, nothing new. In the past rumors began on the local market then commented on the pulperia and by lunch time everyone knew it from a "informed source".

comparison

An economic coup prices skyrocket, no fuel at the GAS station or limited rations for fuel.

Look at Nicaragua the biggest change is the size of the vegatable garden and the quantity of chickens in the yard.

In the US alot of people can't go to work, followed by forecloser, live in the streets, grow chickens go to jail, (at least in the cities), grow food get looked down on as a low class person, only to have your crops stolen or vandalised.

Do the math who do you think lives longer with a smile on their face.

And don't forget eminent domain, Or a mild economic disruption and the bank confiscates your house. What is the difference the legal title.

Those who live in glass houses should be wary of throwing stones.