Banco de México Leaves Rate Unchanged at 7% After Earthquakes

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • #12067
    Helmholtz Watson
    Participant

    [article]224[/article]

    #12068
    TradersCom
    Keymaster

    7% helped the FX stop falling with the earthquakes and inflation they will have to look at ways to relieve people now.

    #12077
    Truman
    Participant

    How many people can get a lone in the poor areas of Mexico – seems to be 7% is all about the Peso

    #12093
    Assistanc3
    Participant

    I never could understand why Mexico doesn’t try to make South America a better place.

    Just imagine if all the countries below Mexico “improved” 25%
    while that would help Mexico because that is where auto manufuactuing has gone to as well as other products but anything Made in America could be drove right down (likely with automated trucks) and Mexico just needs to build some toll roads. It be like a casino having slot machines, cha ching.

    #12101
    Truman
    Participant

    [quote=”Assistanc3″ post=1835]I never could understand why Mexico doesn’t try to make South America a better place.

    Just imagine if all the countries below Mexico “improved” 25%
    while that would help Mexico because that is where auto manufuactuing has gone to as well as other products but anything Made in America could be drove right down (likely with automated trucks) and Mexico just needs to build some toll roads. It be like a casino having slot machines, cha ching.[/quote]

    Mexico’s problem is corruption and cartels otherwise yes it would be a stepping stone to better things south

Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.