The Bankers and the Concentration of Wealth

Economist and sociologist Oscar René Vargas warns that Nicaragua faces a growing concentration of wealth in the hands of bankers and economic elites, while the majority of the population lives with insufficient income to cover the basic food basket.

The Bankers and the Concentration of Wealth

TL;DR

  • Nicaragua is experiencing a growing concentration of wealth.
  • This wealth is primarily held by bankers and economic elites.
  • The majority of the population has insufficient income to cover the basic food basket.
  • Economist Oscar René Vargas issued this warning.