The Paraguayan bank story. Despite its weaknesses, Paraguay’s young democracy was still able to deliver under stress.
The Paraguayan bank story. Despite its weaknesses, Paraguay’s young democracy was still able to deliver under stress. Its free, boisterous press was the first to sound the alarm about Peña’s shenanigans. The Central Bank’s supervision chief did his job: he examined ueno’s numbers and recommended blocking the sale of its bad loans to a related company (Peña had appointed […] The post The Paraguayan bank story appeared first on Marginal REVOLUTION .