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Iflyfish
Ultra Nomad
Posts: 3747
Registered: 10-17-2006
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Wither thou goest peso?
"The peso will slide to 18.2 per dollar from 15.5343 Monday, said Ramírez, the partner at Mexico City-based economic research firm Ecanal and former
chief economic adviser to 2006 presidential candidate Andrés Manuel López Obrador."
http://www.thenews.com.mx/home/tnhome.asp?cve_home=1205
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Bajahowodd
Elite Nomad
Posts: 9274
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Location: Disneyland Adjacent and anywhere in Baja
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Interesting. With the extraordinary financial crap going on in the U.S., the dollar firms and the peso melts. Sacrifical lamb?
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Mango
Senior Nomad
Posts: 685
Registered: 4-11-2006
Location: Alta California &/or Mexicali
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Mood: Bajatastic
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I'm carving wooden nickles as fast as I can! 
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CaboRon
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Location: The Valley of the Moon
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Good News
Good news, the peso is back to what it's really worth ....
A great time to vacation in BCS or mainland Mexico ....
CaboRon
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by BajaWaverunner
Just wait until US inflation starts to kick in next year. Thy peso will soon have company. |
And, just wait till the expats in Mexico see an end to imported products on the market shelves. Did you ever try an entrée from the frozen food
cases in Costco which was packaged in Mexico? Be prepared to do this and
this and this and this. And, when you're done doing that, you'll do
this...
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CaboRon
Ultra Nomad
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Location: The Valley of the Moon
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by BajaWaverunner
Just wait until US inflation starts to kick in next year. Thy peso will soon have company. |
And, just wait till the expats in Mexico see an end to imported products on the market shelves. Did you ever try an entrée from the frozen food
cases in Costco which was packaged in Mexico? Be prepared to do this and
this and this and this. And, when you're done doing that, you'll do
this... |
Nope, never tried one of those.
And Dennis you are close enough to make a monthly run to the border for supplies. I know I would if I were you.
In Todos Santos we have to drive that far to either La Paz or CSL for supplies.
And it seems as if the US products that we sometimes purchase were the returns that were put back on the shelves
Sounds like it's Chula Vista or National City for shopping.
Maybe there could be a gringo shuttle arrangement that goes up once or twice a month.
CaboRon
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ckiefer
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Posts: 258
Registered: 12-12-2007
Location: LaJolla
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| Quote: | Originally posted by Iflyfish
"The peso will slide to 18.2 per dollar from 15.5343 Monday, said Ramírez, the partner at Mexico City-based economic research firm Ecanal and former
chief economic adviser to 2006 presidential candidate Andrés Manuel López Obrador."
http://www.thenews.com.mx/home/tnhome.asp?cve_home=1205 |
Thanks for the link to the news site. Are there others that you would recommend? 
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Lindalou
Senior Nomad
Posts: 623
Registered: 1-12-2004
Location: Punta Banda Baja
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We do most of our food shoping in Chula Vista because of the poor quality of the food over here now!
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movinguy
Nomad
Posts: 257
Registered: 3-19-2004
Location: Chula Vista, CA and Tijuana, MX
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by BajaWaverunner
Just wait until US inflation starts to kick in next year. Thy peso will soon have company. |
And, just wait till the expats in Mexico see an end to imported products on the market shelves. Did you ever try an entrée from the frozen food
cases in Costco which was packaged in Mexico? Be prepared to do this and
this and this and this. And, when you're done doing that, you'll do
this... |
The prices (in pesos) at the Costco in TJ are already ridiculous - can't imagine what the future will bring 
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by movinguy
| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by BajaWaverunner
Just wait until US inflation starts to kick in next year. Thy peso will soon have company. |
And, just wait till the expats in Mexico see an end to imported products on the market shelves. Did you ever try an entrée from the frozen food
cases in Costco which was packaged in Mexico? Be prepared to do this and
this and this and this. And, when you're done doing that, you'll do
this... |
The prices (in pesos) at the Costco in TJ are already ridiculous - can't imagine what the future will bring |
I usually shop costco Chula Wanna but go by the TJ one at the border too. Has anyone shopped both sides on similar items and days to see if there is
a peso advantage on the Mexico Costco side now? Just curious.
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by Iflyfish
"The peso will slide to 18.2 per dollar from 15.5343 Monday, said Ramírez, the partner at Mexico City-based economic research firm Ecanal and former
chief economic adviser to 2006 presidential candidate Andrés Manuel López Obrador."
http://www.thenews.com.mx/home/tnhome.asp?cve_home=1205 |
So long as the peso doesn't goeth awayeth (again) we're good.
Looks like Obrador is already campaigning to boot Calderon by having his economics guy predict a peso devaluation trend. Socialist pressure is
threatening mexico from countires south of it and now from the USA too.
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Woooosh
Looks like Obrador is already campaigning to boot Calderon |
This guy is poison. If the cartels haven't figured out their ticket to legitimicy, this is it.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Obrador would be like having Hugo Chavez at our door step. If he actually became president, it would probably mark the first time we would see a
massive wave of emmigration of the wealthy.
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
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Mood: mellow
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Peso at 14.66 right now.
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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Peso down to 14.75
Mexico must be spending on its U.S. credit line.
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Tiomiguel
Nomad
Posts: 108
Registered: 8-15-2006
Location: Ontario
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Was interesting, just for a change of pace and short week, we went to Playa Del Carmen near Cancun. They are pretty smart there, I thought that I
would have a deal with my left over pesos from before so brought no greenbacks, Being a canuck. Everything that I could buy was in US dollars and
then they converted at current prices into Pesos. Totally stunk as the costs really were much higher. Oh for the backlands of Baja where prices are
in pesos and not US dollars.
Don't feel too bad, the Canadian dollar is getting killed as well, but you know for both Canada and Mexico a higher US dollar is better for our
economies. Let it be.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Bajahowodd
Obrador would be like having Hugo Chavez at our door step. If he actually became president, it would probably mark the first time we would see a
massive wave of emmigration of the wealthy. |
Speaking of the rank and file choosing garbage as a leader, what was the mindset of the Tijuana voter when they chose Hank Rohn to lead them? Their
chosen liason to the world when they knew full well the man was cartel corrupted....still is.
It almost seemed a slap in the face to America and I believe the voting public in Tijuana saw it the same way.
They don't like us as a nation and sometimes they have the opportunity to show it.
Not often but, sometimes.
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
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Mood: Peacefull
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by Bajahowodd
Obrador would be like having Hugo Chavez at our door step. If he actually became president, it would probably mark the first time we would see a
massive wave of emmigration of the wealthy. |
Speaking of the rank and file choosing garbage as a leader, what was the mindset of the Tijuana voter when they chose Hank Rohn to lead them? Their
chosen liason to the world when they knew full well the man was cartel corrupted....still is.
It almost seemed a slap in the face to America and I believe the voting public in Tijuana saw it the same way.
They don't like us as a nation and sometimes they have the opportunity to show it.
Not often but, sometimes. |
This is the quaint Mexicano tradition of cutting off their nose to spite their face .... except they have been using their heads instead ... I guess
that's progress ...
.............................. 
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
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Ron-
How much longer do you have?
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by Bajahowodd
Obrador would be like having Hugo Chavez at our door step. If he actually became president, it would probably mark the first time we would see a
massive wave of emmigration of the wealthy. |
Speaking of the rank and file choosing garbage as a leader, what was the mindset of the Tijuana voter when they chose Hank Rohn to lead them? Their
chosen liason to the world when they knew full well the man was cartel corrupted....still is.
It almost seemed a slap in the face to America and I believe the voting public in Tijuana saw it the same way.
They don't like us as a nation and sometimes they have the opportunity to show it.
Not often but, sometimes. |
Obrador has a better shot this time around. Chavez is gaining popularity and the USA seems to be softening it's stance on Cuba. The Mexican poor
outnumber all the others combined and don't be surprised if they think socialism is better than the nothing with no security they now have. If
inflation hits strong- things will accelerate toward socialism and Obrador like leaders.
Hank did well in TJ because his policies helped the very poor. He also must have been including free tickets to his private zoo with each vote.
[Edited on 3-13-2009 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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