Posted on 07/11/2014 6:28:49 PM PDT by 2ndDivisionVet
No it wouldn’t
They’re stupid
And Double Dutch Delusional
They are the Spanish Prisoner. ...idiots....
Just think, it was $30+ not too long ago.
Hope Mexicans like to swing and have strong stomachs...
Poor Mexico. Just hasn’t quite found its identity for over 170 years.
Lil slow on the uptake...
Is that the Morgan Fairchild Doll?
I know Mexico very well. If I really want to, I could have coffee with Carlos Slim next week. But I have no need to.
You would be surprised how Mexico has a leadership vacuum. They are such a close reflection of the USA I look at them as little brothers. They try so hard and they mimic Americans so much in everything from highway construction, to their crazy whimsical tax code, to their shopping malls. Even in their sale of insurance they copy the USA. AIG has trained many of them. Banking? Banamex is Citibank.
And they are sincerely trying to clean up their water and sewage and all that. But there’s no real force of leadership because so much corruption is generational and ‘normal’.
But American marketing and manufacturing has penetrated so much of the culture in Mexico that they just try as they may to copy it and absorb it.
They try so hard to be like the USA. They even refer to themselves as the United States of Mexico and view themselves as Americans.
But are their billionaires so smart to effect a global power shift on a silver scheme? No.
Many of their billionaires have lost huge in investment schemes and grand ideas. Their resorts make some good revenue but it was USA know-how that designed many if not most of the successful Cancun resorts. And the water in Cancun is pretty good, why is that? American know-how again.
Can they do without America? Yes, but difficult. They can contract with Germans to purify their water but it doesn’t make much business sense in the final analysis. And they don’t care for the Chinese much. So Americano gringos are it for now and for a long time to come, as long as there aren’t too many Obamas along the way.
Imagine what this country would look like if we dumped our bottom 10% of the socio-economic scale on Canada every year.
I think we are going to see a shift in “money”.
There will be a “currency” and there will be a “settler”.
They will be convertible, but not necessarily at a fixed price. Currency will be used for the local purchases (a can of beans, to pay the baby sitter, etc.)
Settler will be used to actually buy things. Cars, houses, businesses.
Gold, silver, fine art, will be a “settler”.
All that you say makes sense to me. But I have a few questions.
1. How can a nation's currency, whatever the unit, reflect the value of the nation when it can be counterfeited? In other words, if the number of units can be doubled at whim, does the currency still reflect the value of the nation? (Assuming the actual value of the nation remains constant.)
2. Anything can be used as "local" currency within a nation, including no currency at all (barter). It seems to me that the nation's only way to establish a national currency is to deem some unit as the only way to pay taxes. That imposes the currency unit. Do you agree?
Don’t watch TV or programmed television. It dilutes and poisons all the wisdom I’ve accumulated over the years.
It also pisses me off which is not good for my inner Irish.
It was a joke, son, just a joke.
I like the way you think.
Canada isn’t stupid enough to let them in.
Bingo!
NAFTA will kill this plan. NAFTA pushes for a regional currency, not a new Mexican one
US silver production last year was 35 million ounces or somewhat less than the Silver Eagle mintage and sales.
Explain something to me. Why do run-of-the mill Mexicans and for that matter all Latin Americans tolerate the corruption in their countries and the inability to ever have a middle class? My opinion of Mexico is that it is the most racist country on the planet. Ever watch a Mexican a TV show? All you will ever see are blond-haired, blue-eyed Spaniards. The indigenous people of that country, which I am pretty sure are the majority of the population, are destined to a life of poverty similar to the caste system of India.
The first question is a good one and explains the enormous efforts in making a currency difficult to counterfeit. The tech wave of the last 40 years have made it possible for counterfeiters to create currency that was undetectable from the real thing. So a counter effort in technology was required. And today our US currency looks quite different that it did 20 years or even 10 years ago.
So anti-counterfeiting measures are part of the ‘force’ behind a currency. The USA has the force of law behind the dollar but the US dollar is made valuable only to the extent that the American way of life is attractive.
As to the second question, you are correct. The basis for imposing by force of law a currency on a population is to have a measure of taxes. In early America, tobacco was used as a currency or more correctly as a unit of barter. Tobacco was a good medium for barter because it was lightweight, and its dried state did not diminish its value and it was esteemed. It was used to pay taxes in certain jurisdictions.
Again in reference to the second question, as long as there is an American government, it will impose a unit of currency that must be used by force of law. As long as the American government holds to the ideals of its Constitution, the unit of its currency will have good value.
But we are stupid enough to take the bottom 10% that Latin America has to offer. Year after year. All so that we don’t have to mow our yards anymore but let Juan Valdez do it for $100 a month so we can play golf every weekend. But seriously, I am one of the few in my neighborhood who still maintains his own yard.
Assuming the silver is real and not adulterated or never there in the first place.
But we’re not allowed to back our currency with anything.
It is true that Mexico is a Latino-White Latino society and yes discrimination does exist between the two.
And it is this demographic that keeps Mexico from developing a middle class of any note.
There are huge educational differences and cultural differences between the two groups. It’s not quite the same as South Africa was under Apartheid but there are similarities.
The White Latino group knows that to keep the the brown Latino group from going Commie on them like Castro, they make sure they know how to eat. The formula is rice-beans-corn. Most of the indigent Mexicans spend all their time trying to get their daily dose of that formula. A lot of other things they get is by charity and many go to the cities to earn that little extra that allows them to live in the country pretty damn well actually. A lot of maids, drivers, handy men that work in the cities and come from the indigent, they often hold down 2 or 3 jobs and send the pay home to family who live in nice tiled homes with kitchen appliances etc.
Then there is the God awful poverty in some parts of the country that seems to be permanent; definitely a lower caste of people. The Catholic Church tries to help a lot and they do a lot of good things. But it’s a situation that is unmanageable. Try to do something to change it and it only gets worse; very frustrating.
The demographics of Mexico, abbreviated:
About 120 million people
2 million affluent or wealthy
15 - 20 million middle to upper middle class
About a 100 million impoverished or lower middle class.
Values:
A lot of national pride; too much in my opinion as it’s not so well deserved. Family values high, Christian values should be higher. Homosexuality normalization underway (again copy catting the USA), strong actually very strong work ethic until they get tuckered out and then they disappear or flake out (siesta time).
Infrastructure:
Inproving but water and sewage treatment is still 3rd world. Good airports, good hotels, excellent restaurants, good banking (good enough), investment-forget it, too corrupt, rule of law is crap, it looks like there is a rule of law but it’s mostly symbolic and Napoleonic.
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