RE: https://cyberplace.social/@GossiTheDog/117571904052985607
In Paraguay, on average everyone of 60% of the country lost 37,600 USD because a Trump-associated bank went all-in on LLMs and then collapsed.
These people lost all their savings, they have nothing.
Ueno Bank in Paraguay has collapsed leaving 3 million people without money. Paraguayan President Santiago Peña submitted his resignation and faces unanimous impeachment by the lower house of Congress. The bank had ties to the Trump administration via the country’s President.
About 60% of adults in the country used the bank. People are turning up at the bank’s office. $37600 US dollars per customer is (was) the average deposit.
@davidculley fascinating the USA Assistant Secretary of State has just immediately backed the new president