‘Very strange, very sad’: Paraguay bank collapse fells a presidency and leaves millions broke

• Pedro Volpe had just woken up last Tuesday when he saw a message from a friend asking whether his bank account was down, too.
• It was a day after payday, and Volpe, 50, a writer and lawyer, opened his banking app and panicked: he could not even see his balance.
• Volpe was among nearly 3 million Paraguayans, about 60% of the country’s adult population, whose accounts had been frozen overnight.