Mexican riots
January 11th, 2017 at 12:52:48 AM permalink | |
Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 | It is now 82 weeks since Trump announced his candidacy. In that time the Mexican peso dropped from 15.39 pesos to the dollar to 21.84 pesos to the dollar (a change of 42%). In the same period the dollar gained 6.5% on the Euro and 7.5% on the Canadian dollar. Now the exchange rate is certainly not dependent on the actions of one man, but you have to think that DJT was probably the biggest single influence on the collapse of the Mexican peso. Gasoline riots are starting to tear through the country. It's seems as if all this talk about a wall has created a situation where we really need a wall more than ever. |
January 11th, 2017 at 1:20:59 AM permalink | |
Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | why do international currencies respond to mere political rhetoric ... ain't gonna be no wall, ain't gonna be no muslim registry, ain't gonna be no big Trump sign on the whitehouse. Mexican gasoline supplies and prices are hardly controlled by anyone who isn't Mexican. |
January 11th, 2017 at 2:00:37 AM permalink | |
Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 |
Gasoline prices are almost entirely controlled by international entities. While a 42% drop in the value of a currency relative to the USD may not radically affect the price of tacos, it is going to have a huge effect on gasoline prices. The peso crisis of 1994 was a 50% drop in a matter of months. Almost one third of the business closed. President Clinton took radical steps to help stabilize the Mexican currency as he was afraid that the crisis would bring unprecedented number of immigrants into the USA. While this crisis is not nearly on the scale of that in 1994, the pressure on immigration will still be considerable. |
January 11th, 2017 at 12:33:34 PM permalink | |
Nareed Member since: Oct 24, 2012 Threads: 346 Posts: 12545 |
Only if we can get the U.S. to pay for it. Oh, wait. Donald Trump is a one-term LOSER |
January 11th, 2017 at 12:51:44 PM permalink | |
Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 | A wall will cost less than what the gov't now pays for Obamacare in one year. And when it's built, it's done. We don't to build it again. We have a heroin crisis in this country and it's all coming across the southern border. If you take a risk, you may lose. If you never take a risk, you will always lose. |
January 11th, 2017 at 1:27:58 PM permalink | |
Dalex64 Member since: Mar 8, 2014 Threads: 3 Posts: 3687 | John Kelly knows a wall by itself won't work.
"Everyone is entitled to his own opinion, but not to his own facts." Daniel Patrick Moynihan |
January 11th, 2017 at 1:32:30 PM permalink | |
AZDuffman Member since: Oct 24, 2012 Threads: 135 Posts: 18222 |
Everyone knows that. Wall a first step on southern border. Even Mexico has one. The President is a fink. |
January 11th, 2017 at 1:35:34 PM permalink | |
Dalex64 Member since: Mar 8, 2014 Threads: 3 Posts: 3687 |
It looks like what Bob is saying is that "once it is built it is done" and no other expenses, ongoing or otherwise, are required. "Everyone is entitled to his own opinion, but not to his own facts." Daniel Patrick Moynihan |
January 11th, 2017 at 2:06:01 PM permalink | |
Evenbob Member since: Oct 24, 2012 Threads: 146 Posts: 25013 |
No. Once the wall is done, you don't have to build another one next year. The wall is the start of the border security, it's not the end. Walls work, that's a fact. The Chinese figured that out millennia ago. If you take a risk, you may lose. If you never take a risk, you will always lose. |
January 11th, 2017 at 2:08:17 PM permalink | |
Nareed Member since: Oct 24, 2012 Threads: 346 Posts: 12545 |
How tall do you need to build a wall to stop airliners? And what about those long, long, long stretches of coastline? How does a border wall work with them? Donald Trump is a one-term LOSER |