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Like most armies, they are conservative. But they are also generally legalist. They are loyal to the constitution, as a rule. The Navy commander is a fluke.
It’s pretty hard to explain in simple terms their thinking, as it’s more nuanced than the history of military dictatorships in the country suggest. But I would have been very surprised if they had agreed to the proposal and actually went for a coup.
Uh… don’t? I mean, why rush it? Host it privately. What compels you to host publicly facing such high risks?