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Bukele’s Power Play: Salvadoran Assembly Greenlights ‘Indefinite’ Re-Election—Next Chávez in the Making?
Bukele’s Power Play: Salvadoran Assembly Greenlights ‘Indefinite’ Re-Election—Next Chávez in the Making?
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El Salvador’s Legislative Assembly just handed President Nayib Bukele a political blank check—indefinite re-election is now on the table. Critics are calling it a slide into authoritarianism; supporters hail it as stability. Either way, the crypto-loving leader’s grip just got tighter.
Bukele’s Bitcoin bet already made him a maverick. Now, with re-election reform passed, he’s rewriting the rulebook. Sound familiar? *Cough* Chávez *cough*.
Market reaction? Predictably muted—because nothing says ‘institutional confidence’ like lifetime presidencies. But hey, at least the country’s Bitcoin reserves are HODLing strong.
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