Archived Nicaraguas Failed Coup: What Youre Not Being Told (theantimedia.com)
submitted ago by ChangingPerspectives
Posted by: ChangingPerspectives
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Archived on: 11/12/2018 10:00:00 AM
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Archived Nicaraguas Failed Coup: What Youre Not Being Told (theantimedia.com)
submitted ago by ChangingPerspectives
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[–] goatboy 0 points 1 point 1 point (+1|-0) ago (edited ago)
Simple: Ortegas' control the Toña and Flor de Caña and it's cheap. BEER AND RUM BITCHES! And it's good shit too.
Also, instead of corporate taxes, business give at least 1 share of the business to the government. So, as the business prospers the government prospers and leaves the business owners alone. The Nicaraguan Government has a vested interest in ensuring businesses of all sizes succeed. This has supercharged their economy. Given the low cost of land and resources, low barrier to entry, the low risk, and the huge influx of Chinese and Russian Energy money- Nicaragua is like a gold rush right now. The country has been getting huge international investment, organically and without going through old world finance brokers. This has pissed a lot of people off in City of London and New York- which is really silly when you think about how opportunistic those two groups usually are. But the proximity to Panama has really jazzed those guys up something fierce.
Nearly every Nica has started a business out of the front of his house. You can't stop a car or bus without a dozen people offering to sell you something from his family's pulperia.
And Ortega has been improving shit for the average Nica. They've been using that money to build roads, schools, fiber networks, wind power, etc. Nicaragua has the most beautiful and well maintained interstate system in Central America or South America. The Nicas are very proud of it. They carved it out of the jungle by hand and maintain it by machete with work crews constantly working to perfect it.
Few people down there ever even think of Ortega.
[–] aztlanshark ago (edited ago)
Can confirm. Lived there for 8 months and it sounds like you’ve spent some time there too. All true. Brand new highway system, booming tourist towns, first world bars and restaurants opening. Only thing is, the greatest growth is largely attributable to westerners (largely Canadians) opening businesses and bringing capital with them, which to me does seem like a form of neocolonialism. But hey, maybe it’ll have the “trickle down” effect.
[–] goatboy ago (edited ago)
I don't know what neocolonialism means since all the investment planning and implementation was done by the Nicaraguan government, but the Nica's don't seem to mind the job opportunities or the white people supervisors and business owners. In fact, Nica's tend to be a little skeptical of medium and large size businesses if an American or Canadian isn't visibly at the top.
The racial history of Nicaragua is very unique. It's a land of Indian-african mixed slaves, tobacco plantation owners, pirates, conquistadors, American gold miners, and transient sailors. It's a very weird mix of high IQ, hard working, high risk taking, people.