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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Coach is Back! on January 26, 2017, 11:18:50 AM

Title: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: Coach is Back! on January 26, 2017, 11:18:50 AM
The peso is tumbling after Mexico's president said he wouldn't meet with Trump


http://www.businessinsider.com/fx-currency-market-update-january-26-2017-2017-1
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: Howard on January 26, 2017, 11:25:08 AM
The peso is tumbling after Mexico's president said he wouldn't meet with Trump


http://www.businessinsider.com/fx-currency-market-update-january-26-2017-2017-1

Hmmmm, maybe this wall thing might jump start some favorable trade deals, south of the border.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: TuHolmes on January 26, 2017, 11:27:38 AM
The peso is tumbling after Mexico's president said he wouldn't meet with Trump


http://www.businessinsider.com/fx-currency-market-update-january-26-2017-2017-1

It will correct.

People using emotion to sell or buy. Not really a huge deal to be honest at this point.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: SaintAnger on January 26, 2017, 12:32:35 PM
Was tumbling before that too.  Approval rating is at 12%.  If he doesn't stand up against Trump of all things, he will be overthrown by the people, perhaps literally. 

This is his last stand.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: Yamcha on January 26, 2017, 01:39:44 PM
a 5 year look at their currency

(https://i.redd.it/4l9txvhv64cy.jpg)





no wonder my honeymoon is so fucking cheap  8)
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: SaintAnger on January 26, 2017, 02:16:23 PM
We receive about a $750M bucks a DAY from Mexico from the shit we sell to them.

Is a fucking $11 billion dollar wall worth it?

Great business decision, btw.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: bike nut on January 26, 2017, 09:46:27 PM
We receive about a $750M bucks a DAY from Mexico from the shit we sell to them.

Is a fucking $11 billion dollar wall worth it?

Great business decision, btw.

Illegal immigration costs the U.S. an estimated $113 BILLION a year.

The wall pays for itself in a little over a month.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: Necrosis on January 27, 2017, 04:48:18 AM
Illegal immigration costs the U.S. an estimated $113 BILLION a year.

The wall pays for itself in a little over a month.

Math isn't your strong suit
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: mazrim on January 27, 2017, 05:34:32 AM
Main concern with this stuff (cutting off trade, etc.) is there is a strong possibility that we will end up paying for it I would think. You tax them 20%, then we pay an extra 20%, etc. Increased wages won't matter at that point.

There is a lot that goes into it that doesn't really make sense to me for the plans for trade. I hope there is a plan I am not seeing.

Almost seems like the increase in minimum wage that was talked about previously which made no sense for pretty comparable reasons.
Title: Re: The peso is tumbling after Mexico's president said he wouldn't meet with Trump
Post by: Kazan on January 27, 2017, 05:49:13 AM
It's called shaping the battlefield in America's favor, soon enough El Presidente will visit with Trump, a deal will be struck and he will leave the oval office saying what a great guy President Trump is.