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shari
Select Nomad
Posts: 13048
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline
Mood: there is no reality except the one contained within us "Herman Hesse"
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wood and metal prices have skyrocketed in the last shipment...imported building supplies from the states....darn.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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There's always adobe.
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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| Quote: | Originally posted by makana.gabriel
With this huge purchasing advantage, I am seriously thinking of buying a used VW or something in the interior. CA allows you to drive a MX plated car
as long as you have a MX drivers license. |
You can buy a brand new vw from the dealer from under 10,000K out the door today in La Paz.
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
Member Is Offline
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| Quote: | Originally posted by Bajahowodd
The CATO Insititute is nominally a think tank populated by libertarian thinkers, but in reality, they are a mouthpiece for big, and I mean BIG
business to alter public opinion, to support deregulation of just about anything. Their largest benefactors are petroleum and tobacco companies.
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True, the CATO Institute is primarily a Libertarian view think tank, but they are mostly supported by individuals (77%). The fact that Libertarian
views are definitely free market economy would quite often put them on the side of business.
I'm not a currency speculator but it seems to me that the peso is not going to stop it's slide soon. BUT I'm the one who predicted the euro would
never fly so don't use anything I say for investment purposes.
I think the world is run by C- students.
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BajaGeoff
Super Nomad
Posts: 1727
Registered: 1-11-2006
Location: San Diego and Campo Lopez
Member Is Offline
Mood: Heading To Baja!!!
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Drove back from La Mision yesterday afternoon....tolls were $1.85 at the Rosarito and Tijuana booths.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by BajaGeoff
Drove back from La Mision yesterday afternoon....tolls were $1.85 at the Rosarito and Tijuana booths. |
Still 26 pesos which hasn't changed for a couple of years.
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David K
Honored Nomad
Posts: 64856
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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How about some February Pemex prices (sure miss BajaCactus' monthly posts)?
Pesos per Litre for Magna, etc. , and the exchange rate given at the Pemex station...
Thanks!
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Gaucho
Nomad
Posts: 405
Registered: 11-7-2008
Location: Laguna Beach/East Cape
Member Is Offline
Mood: Bohemia por favor...
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| Quote: | Originally posted by shari
wood and metal prices have skyrocketed in the last shipment...imported building supplies from the states....darn. |
Have you considered building w/ the 3-D foam panels? They manufacture the panels in Mexicali and cement is avaiable all over BCS. No imported
supplies!
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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And no worry about termites!
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BajaGeoff
Super Nomad
Posts: 1727
Registered: 1-11-2006
Location: San Diego and Campo Lopez
Member Is Offline
Mood: Heading To Baja!!!
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by BajaGeoff
Drove back from La Mision yesterday afternoon....tolls were $1.85 at the Rosarito and Tijuana booths. |
Still 26 pesos which hasn't changed for a couple of years. |
True....but 26 pesos doesn't quite spend the way it did a couple of years ago!
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Pato
Junior Nomad
Posts: 34
Registered: 12-9-2008
Member Is Offline
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If one is holding a bunch of pesos, it probably would be safer sooner than later to change them to a different currency.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
Member Is Offline
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If everyone followed Pato's advice, it would help to de-value the peso even more. Reminds me of when the FDIC announces they are taking over a bank.
The accounts are insured, but you can bet there will be a line around the corner of people seeking to withdraw their money. Herd mentality of the
ignorant.
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Pato
Junior Nomad
Posts: 34
Registered: 12-9-2008
Member Is Offline
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Honestly, I don't know. It's just a guess. I take it then that your own liquid assets are in MXP. I shouldn't want to save my own butt if it meant
being part of that "ignorant" herd. You might be right that it's my responsibility to help shore up the US & MX banking systems. After all, they
do represent our interests. What's good for GE & Telnor is good for me (as I count my stocks).
Oh wait, I don't have any 
Something to be said about that herd of Wall Streeteros wanting a piece of the US Treasury. Once one gets a bailout, they all want a bailout !
Aren't they being unpatriotic and pinko socialistas ?
Why should they get all the action ?
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k-rico
Super Nomad
Posts: 2079
Registered: 7-10-2008
Location: Playas de Tijuana
Member Is Offline
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Peso takes a record dive? Good for me.
If it was 10 to a dollar and now it's 14, doesn't that mean I'm getting 40% more pesos per dollar? I live in Mex and work in the US on a daily basis
(telecommute, never leave my home). Making dollars and spending pesos is a good deal and the staples of life have no where near increased 40%, if at
all.
BTW, I did close my dollar account at Bancomer and moved the cash to Bank of America. Just in case.
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Mulegena
Super Nomad
Posts: 2412
Registered: 11-7-2006
Member Is Offline
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your calculator... don't leave home without it!
We got gasoline in Guerrero Negro yesterday and were short on pesos. The attendant wanted an 11 Peso to 1 Dollar exchange. When we naturally
hesitated, he then said, "OK, 10." At that point we absolutely said , No way!". I whipped out my calculator, we cut a fair deal with the man and
drove off into the sunset.
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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 Bajahowodd
If everyone followed Pato's advice, it would help to de-value the peso even more. Reminds me of when the FDIC announces they are taking over a bank.
The accounts are insured, but you can bet there will be a line around the corner of people seeking to withdraw their money. Herd mentality of the
ignorant. |
Mexican dollar bank accounts are insured now too. Many people won't trust the banks on either side- even though their accounts are safe. You can't
move forward looking in your rear-view mirror- but I do understand it's an emotional issue for those who got wiped out before Mexican bank insured
accounts. JMHO. (And, yes I have money in my dollar account here)
\"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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BajaGringo
Ultra Nomad
Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline
Mood: Let's have a BBQ!
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| Quote: | Originally posted by Mulegena
We got gasoline in Guerrero Negro yesterday and were short on pesos. The attendant wanted an 11 Peso to 1 Dollar exchange. When we naturally
hesitated, he then said, "OK, 10." At that point we absolutely said , No way!". I whipped out my calculator, we cut a fair deal with the man and
drove off into the sunset. |
The cardinal rule is ALWAYS have pesos to pay for gasoline. They rarely give you a fair deal on the exchange.
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