What happened to ueno bank and to #Paraguay? A bit similar to what was happening in Indonesia leading to the 1998 financial #crisis and riots that toppled then president. During that time banks were giving out loans at 70% to 90% of their capital. Ueno went up to 35%. In both cases, the maximum limit of credit was 20%.

I can't imagine this happening today when everything is forced to go digital. Every transaction, paying for a ride, bus fare, train ride, all cashless. Most of the times you can't even get bottled water with paper money.

#slothbuzz