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>El Salvador has found itself in an ever-deepening sinkhole of debt, with its cringe president lobbying the International Monetary Fund for a $1.3 billion loan,

>El Salvador has found itself in an ever-deepening sinkhole of debt, with its cringe president lobbying the International Monetary Fund for a $1.3 billion loan, according to the magazine, and shortly after the Bitcoin City announcement in November, the country’s sovereign bond dropped from 75 cents to 63 cents overnight and is now at 36 cents. The above sentence is nearly impossible to parse, it has so many commas and clauses. I agree that the financial decisions of the current administration of El Salvador are unwise- but saying the president of El Salvador is ‘cringe’ is so low effort it’s insulting.

deleted 5y ago
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moralestapia 5y ago
>but saying the president of El Salvador is ‘cringe’ is so low effort it’s insulting I know you mean this coming from a mental image that you (and most of us) have of a head of state. But really, have a look at the guy and his behavior. Cringe is a perfectly apt adjective.
- SMVS 5y ago
  After the last two presidents America has elected, having an opinion on the heads of state of other countries seems a little bit rich. A clown, a geriatric, what's next? Clown 2? The imf is and has always been the greatest repressive force preventing development and state sovereignty. Nothing good comes from the imf ever. Especially if you're not in the west
  - unmole 5y ago
    > Nothing good comes from the imf ever. Especially if you're not in the west The IMF bailout and the forced economic reforms of 1991 are responsible for the decades of growth, development and poverty alleviation that India experienced.
  - dragonwriter 5y ago
    > Nothing good comes from the imf ever. Especially if you're not in the west “Global capitalist class” not “west”.
  - mint2 5y ago
    Just because we’ve had some characters as president doesn’t mean we can’t have opinions. Only countries with a history of perfect presidents can have opinions? And by this logic, rich people shouldn’t comment on the imf, and anyone on the internet on hacker news is comparatively well off in the grand scheme. If having a bad leader means we can’t comment on other presidents, and all countries have had rich powerful people and organizations abuse their monetary power, how is it consistent to be okay criticizing external rich and powerful organizations but not leaders?
    - danlugo92 5y ago
      > hacker news is comparatively well off in the grand scheme. Get out, I was reading hacker news on one meal a day years ago. No prejudice.
  - NicoJuicy 5y ago
    The IMF is literally a way for a country to acknowledge their mistakes and a process to get better through loans ( in a lot of cases). Greece was especially bad for example and at the state out was then, it should have never been allowed in the EU either. The IMF helped in return for reforms which Greece didn't really liked and isn't visible in the short term. But it is a long term vision and not a short term one. Greece is an example that there's no difference between the west and others. The IMF, is believe, makes no difference. ( Just my opinion)
jiveturkey 5y ago
As a native english speaker I found it rather trivial to parse without even trying. There's commas, which separate the couple of clauses. The direction of the sentence doesn't change or anything like that. It's not as if a comma should have actually been a semicolon. 'and shortly' could have been a new sentence but honestly it connects better with the conjunction. 'cringe' is great as it injects some emotion to an otherwise very dry and long sentence. Your real complaint should not have been about the construction of this sentence, but at the complete failure of the article to connect bitcoin to this latest economic disaster. In fact some points of the article highlight the irrelevance. I didn't read the source article this one points to, which might actually connect the dots. This one, though, is pure clickbait.
SamReidHughes 5y ago
They could buy back their own bonds at these discounted rates, no? It could be a good strategy to make a lot of noise about Bitcoin to crash prices and buy their own debt back cheaply.
s-lted 5y ago
I'm also a native English speaker, and I'm totally with you on both points.
vanusa 5y ago
Sure, this use of "cringe" in the adjective position is Gen-Z (I guess) and in a way itself "cringe". But overall I found the sentence to be (while clearly a run-on) perfectly readable. Saying the president of El Salvador is ‘cringe’ is so low effort it’s insulting. So you're reading a would-be BuzzFeed clone site called "Futurism" and you're surprised to find your intelligence insulted?

deleted 5y ago

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moralestapia 5y ago

>but saying the president of El Salvador is ‘cringe’ is so low effort it’s insulting I know you mean this coming from a mental image that you (and most of us) have of a head of state. But really, have a look at the guy and his behavior. Cringe is a perfectly apt adjective.

SMVS 5y ago
After the last two presidents America has elected, having an opinion on the heads of state of other countries seems a little bit rich. A clown, a geriatric, what's next? Clown 2? The imf is and has always been the greatest repressive force preventing development and state sovereignty. Nothing good comes from the imf ever. Especially if you're not in the west
- unmole 5y ago
  > Nothing good comes from the imf ever. Especially if you're not in the west The IMF bailout and the forced economic reforms of 1991 are responsible for the decades of growth, development and poverty alleviation that India experienced.
- dragonwriter 5y ago
  > Nothing good comes from the imf ever. Especially if you're not in the west “Global capitalist class” not “west”.
- mint2 5y ago
  Just because we’ve had some characters as president doesn’t mean we can’t have opinions. Only countries with a history of perfect presidents can have opinions? And by this logic, rich people shouldn’t comment on the imf, and anyone on the internet on hacker news is comparatively well off in the grand scheme. If having a bad leader means we can’t comment on other presidents, and all countries have had rich powerful people and organizations abuse their monetary power, how is it consistent to be okay criticizing external rich and powerful organizations but not leaders?
  - danlugo92 5y ago
    > hacker news is comparatively well off in the grand scheme. Get out, I was reading hacker news on one meal a day years ago. No prejudice.
- NicoJuicy 5y ago
  The IMF is literally a way for a country to acknowledge their mistakes and a process to get better through loans ( in a lot of cases). Greece was especially bad for example and at the state out was then, it should have never been allowed in the EU either. The IMF helped in return for reforms which Greece didn't really liked and isn't visible in the short term. But it is a long term vision and not a short term one. Greece is an example that there's no difference between the west and others. The IMF, is believe, makes no difference. ( Just my opinion)

jiveturkey 5y ago

As a native english speaker I found it rather trivial to parse without even trying. There's commas, which separate the couple of clauses. The direction of the sentence doesn't change or anything like that. It's not as if a comma should have actually been a semicolon. 'and shortly' could have been a new sentence but honestly it connects better with the conjunction. 'cringe' is great as it injects some emotion to an otherwise very dry and long sentence. Your real complaint should not have been about the construction of this sentence, but at the complete failure of the article to connect bitcoin to this latest economic disaster. In fact some points of the article highlight the irrelevance. I didn't read the source article this one points to, which might actually connect the dots. This one, though, is pure clickbait.

SamReidHughes 5y ago

They could buy back their own bonds at these discounted rates, no? It could be a good strategy to make a lot of noise about Bitcoin to crash prices and buy their own debt back cheaply.

s-lted 5y ago

I'm also a native English speaker, and I'm totally with you on both points.

vanusa 5y ago

Sure, this use of "cringe" in the adjective position is Gen-Z (I guess) and in a way itself "cringe". But overall I found the sentence to be (while clearly a run-on) perfectly readable. Saying the president of El Salvador is ‘cringe’ is so low effort it’s insulting. So you're reading a would-be BuzzFeed clone site called "Futurism" and you're surprised to find your intelligence insulted?