Thread: MEX GOV sheds the US Dollar from its economy

thepeoplesvoice
Von Helman

Mexican Government successfully sheds the US Dollar from its economy



Mexico has always considered the US dollar almost a secondary currency to their Peso as the fact that billions of US dollars spent their way through the Mexican economy in 2009 and 2010 which speaks for itself, but sometimes even the best of friendships come to an end.

The Mexican government in September 2010 enacted a new law which basically restricts the use of US Dollars for almost all purchases inside of Mexico.

In early 2010 travelers and visitors could shop at many of the large US corporations inside of Mexico such as Wal-Mart, Home Depot or even one of the hundreds of American food establishments such as McDonalds or Dominoes Pizza and pay for their meal using US Dollars but under the new law using US Dollars is no longer an option.

Just image the surprise of many Americans being told by Wal-Mart that US Dollars are no longer accepted at their store especially since Wal-Mart is one of the most iconic “Americanâ€

Does this mean that the U.S. will send no more money to help Mexico and Mexico will not accept remittances from their citizens anymore???

One can still wish... for now...

Originally Posted by forest

Does this mean that the U.S. will send no more money to help Mexico and Mexico will not accept remittances from their citizens anymore???

One can still wish... for now...

Yeah we can wish

Like take all our dollars and invest in America. Silly things like.
Security
Energy.
Food.
Manufacturing.
Being self relient and charitable to each other. "Americans."

What better time than now than let the demands of the world fall
on our deaf ears!

While we still have ears!

Originally Posted by HAPPY2BME

thepeoplesvoice
Von Helman

Mexican Government successfully sheds the US Dollar from its economy

On a side note it´s also important to note that the Mexican economy grew at a rate of just over 5% in 2010 and by the year’s end many large companies in Mexico were reporting stronger than ever revenue and sales at rates not seen in many years. Many large companies are actually in hiring frenzies and some companies are desperate to fill slots with qualified workers.

Does this mean that we don't have to feel bad about sending illegals home?
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Americans first in this magnificent country

American jobs for American workers

Fair trade, not free trade

So if that's the case then we'd be helping mexico out by sending its work force home and building a fence because when the dollar collapses we don't want american citizans crossing the boarder looking for work! By my reasoning if their economy does good they owe us over 11 million jobs and who knows how much in free education and health care. What a concept haha