Posted on 10/03/2019 12:10:15 PM PDT by robowombat
State of Emergency Declared in Ecuador Amid Protests
21:56 03.10.2019(updated 22:04 03.10.2019)
Protesters took to the streets of Ecuador's major cities on Thursday, blocking major roads in Quito and Guayaquil to protest the scrapping of fuel subsidies, part of the government's austerity measures aimed to reduce the fiscal budget.
Ecuadorian President Lenin Moreno took to Twitter Thursday to say that he had declared a state of emergency in the country over nationwide protests which have paralysed the country, saying that his decisions introducing austerity measures "were firm," and that the state of emergency was aimed at reigning in "those who intend to cause chaos."
"We will not agree to blackmail and act according to the law," Moreno wrote.
Here is the Spanish tweet from His Excellency Lenin Moreno:
Las decisiones adoptadas ¡están en firme! He dispuesto el Estado de Excepción para precautelar el orden, la seguridad ciudadana y con el fin de controlar a quienes pretenden provocar caos. No accederemos a chantajes y actuaremos acorde a la ley. #NoAlParo #DecididosACrecer
Why should we be concerned???
Interesting. The IMF strikes again. Soon comes the default and resource grab.
Guayaquil is known for attracting a lot of expats - wonder what they’re thinking now?
Back during and before the Great recession HGTV had several shows on buying ocean front houses/condo’s in Ecuador.
Back then you could buy a ocean front house for $200-250K.
Ocean front condo for $100-150K.
There is quite an American expat community down there now.
China has large investments in infrastructure and energy in Ecuador. The socialist / communist government is massively corrupt, and probably not afraid to use force against resistance. I hope the ex-pats there are safe.
That whole ex-pat thing has always given me the willies.
Even if you pick some temperate, idyllic place on the face of the globe that is NEVER in the news, change happens, and you might not at all want to live there tomorrow.
Lenin? There’s a clue.
Is the “Orange Vest” concession still available?
Yes, a president named “Lenin” is the first clue that something is SERIOUSLY wrong. But we have a guy named Castro running for POTUS, so we should not gloat! /s;)
>Why should we be concerned???
‘Cuz the majority of the voting public wish to take us down the same path(s) & the (R)N(C), instead of pointing to yet ANOTHER example of Socialism+ failure, is quieter than a church-mouse?? Rather than uphold & enforce the Constitution (which forbids Socialism on its face), they believe THEY can ‘run it better than the Left’
Agreed ... I’ll see you and raise you.
The problem with retiring to a foreign country is that they’re full of foreigners.
With everything there is to see and do here in the good ol’ USA, I can’t think of any foreign country I want to visit except Canada, and that’s mainly because I have family in Buffalo.
>>The problem with retiring to a foreign country is that they’re full of foreigners.
With everything there is to see and do here in the good ol’ USA, I can’t think of any foreign country I want to visit except Canada, and that’s mainly because I have family in Buffalo.
>>
There are a LOT of people who can’t afford to retire in the US.
Now as soon as one says that, the instinct is to start thinking about all the poverty programs that exist and how someone flat broke with nothing could live semi comfortable and not have to go running to a foreign country.
But . . . if you have a look at those poverty programs you’ll see that they insist on the recipient having essentially NOTHING. If you have $10,000 in the bank after a lifetime of savings at a very low paid job, well you’re out. You’ll get no poverty programs. Income permitted is similar. Earn more than $12,000/yr in Soc Sec (the median recipient (not average) is at $13,500) and again, you can’t qualify for the programs.
But try living comfortably with no subsidies in the US on $13500. Medicare will eat $1700 of that and Medigap another $1400. So now you have 10K for food, rent, utilities, food. How’s that life sound to you?
That $13500 will be a helluva lot more comfortable in Vilcabamba in Ecuador (65 degs year round) than in, say, Tennessee or Alabama. And those are the cheap states.
Where’d you come up with the majority of the voting public? :)
I was just discussing that with another freeper.
We are buying what the dems and msm are selling.
Where’s the majority support?
Why doesn’t the dems have the senate and presidency with this majority of the voting public in their corner?
Turmoil in 3rd world countries can result in waves of asylum-seeking refugees coming our way.
You probably don’t have to be concerned but I do. I’ve lived in Ecuador for the last five years and am returning there tomorrow going through Guayaquil. We have heard that this is a one day strike and while uncommon in Ecuador not so much in other SA countries.
Gasoline prices are ridiculously cheap because of the subsidies and the population will not be happy when they are removed. I expect significant price increases for all sorts of goods but the economy has on a false base for many years. Ecuador bet on the cost of oil to remain high so they could afford to keep the populace happy with the subsidies. Surprised they haven’t done this sooner. Going to be interesting.
Thank you, I had never heard of problems coming from Ecuador.
I never understood how all of these nations subsidize oil/gas to the point that they do with the limited tax base and GNP of their respective nations.
I get that ending the subsidy is going to cause great turmoil but I don’t understand how they’re paid for in the first place since they are not a major producer or refiner.
“President Lenin Moreno”
Lenin? Huh?
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