Posted on 11/09/2016 3:08:44 AM PST by monkapotamus
The Mexican peso is getting clobbered after Donald Trump's stunning victory in the U.S. presidential election.
The country's currency hit a new record low as votes were being tallied, suffering a drop of 11%. By early Wednesday morning, the peso had regained some ground, but it was still trading 8% lower.
Mexico's central bank will hold a joint press conference with the country's finance ministry on Wednesday morning...
(Excerpt) Read more at money.cnn.com ...
Because they know they’re gonna have to take back their illegals here.
Do what we do: Print more money.
HA!
https://www.amazon.com/Crippled-America-Make-Great-Again/dp/1501137964.
Islam has been turned back! Hillary = Merkel
President Trump has just saved America freedom and western civilization
Now it will cost them more to build the wall.
That wall is getting very expensive...
Yup, deport them all, and with 35% of gub’mint employees who promised to quit (I loved that story a few months ago) if Trump won, hell, we might start winning even more elections!
Maybe we’ll get lucky and all these celebs will also move out of country, and take their crybully bullhorns with them.
Hopefully the dems days of buying votes with welfare and freebies will come to an end (still going to be a fight, plenty of GOPe love to hand out them goodies too).
This election too immigrants voted 85% for Hillary who is a communist inviting a Muslim invasion. It’s we Americans who elected Trump not immigrants legal or illegal. only in Florida was it 30% and that’s only Cubans the only exception that voted for Trump
It's the Cubans, who KNOW FROM EXPERIENCE
what it is like living under Socialism and Facism !
Maybe they Can Invest in Bricks.
So my several hundreds of dollars of pesos is tumbling again ...
From 100s, to about 30 dollars, now zip.
Mexican peso tumbles to all-time low
No real need for this, Mexico is on of the largest silver producing nations in the world, just back their currency with silver and mint new 50 peso one ounce coins, problem solved. Point being that sound currency is the solution for many of Mexico’s problems, fiat currencies always fail.
Between this and the Canadian immigration website going down, I was LMAO most of the night.
yeah but all the big wigs need their cut
They know their gravy train from us is coming to a screeching halt.
Mexico is a country with plentiful natural resources, there is no real reason for them to be a poor country. Their own corrupt class system and government are what keeps most citizens of Mexico in poverty.
If we had not elected Trump we were well on our way to having the same issues here.
“yeah but all the big wigs need their cut”
True, and that is why it will never happen.
How are they going to pay for the wall now?
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