Post by
BaldSilverHead on Nov 26, 2024 1:12pm
As I said months ago
The judicial reform will significantly weaken the peso.(first bullet to the head for Mexico). Trump being elected will strengthen the dollar with tariffs and the peso will weaken further. Both have happened. I also stated Mexico (especially with its huge social programs -thanks AMLO) can fiscally ill afford a second bullet to the head by shutting down mining (even open pit) / international investment or its USMCA near shoring. Claudia's barking just won't have any bite. Like I said-again- watch the peso! These tariffs will cause INFLATION all over the place USA and abroad. Once the mechanics take hold ( tariffs become fact not rhetoric) precious metals will finally leave the dang station WITH the miners on board. Mexico will fall in line behind the US because they literally cant afford not to. My analogy to this Mexico proverbial double tap (threat) scenario will prolly get this comment deleted as my previous analogy / comment was deleted months ago by people who took offense.
Comment by
porc2019 on Nov 26, 2024 5:49pm
Or its a spiral into oblivion because Sheinbaum is a communist.
Comment by
BaldSilverHead on Nov 26, 2024 8:09pm
If she does double tap. All indications so far is that she is logical vs. ideological.
Comment by
dimitri4729 on Nov 26, 2024 9:55pm
Yup.i believe common sense will prevail.Both Canada and Mexico do the bulk of their trade with the USA.Donald Trump has tremendous leverage over both countries and he has shown he isn't timid about exercising his power.If Mexico veers too far left Trump will bring out his big club and start swinging.Mexico WILL comply.And that should be good for us.