Mexico’s Ridiculous Peso Careens to New Lows

It looks like the gravy train for Mexico, the cesspool of N. America, is coming to an end. Forthwith, the government of Mexico will have to learn how to cope with their drug dealers, their fugitives, and their poor, without enjoying the benefits of dumping them into America, through a porous border.

Under a Trump regime, a grande, and very elegant, southern border wall will be erected, which will be paid for by the government of Mexico. They may not realize it now, but they will. By the way, how smart does the Mexican president look now, for inviting Trump, in spite of harsh criticism?

Nevertheless, the peso is crumbling to pieces this morning, like a handful of cojita cheese on a hot empanada, by more than 9%, to new lows.

Futures are off by 300; but it’s not too bad out there.