Author Topic: The peso is tumbling after Mexico's president said he wouldn't meet with Trump  (Read 637 times)

Coach is Back!

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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

Howard

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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.

TuHolmes

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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.

SaintAnger

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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.

Yamcha

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a 5 year look at their currency







no wonder my honeymoon is so fucking cheap  8)
a

SaintAnger

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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.

bike nut

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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.

Necrosis

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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

mazrim

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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.

Kazan

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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.
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