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Nieto cancels Trump meeting, Peso takes a pounding, Trump stands firm, Nieto makes a phone call
Canada Free Press ^ | 01/27/17 | Robert Laurie

Posted on 01/27/2017 10:55:56 AM PST by Sean_Anthony

Art of the Deal?

The Mexican Peso has had a brutal year. The closer Trump got to winning, and the more likely his victory seemed, the further it’s value fell. In fact, immediately after Trump’s victory, Mexico’s currency plummeted a staggering 11%.

The country’s currency hit a new record low as votes were being tallied, suffering an 11% drop. By early Wednesday morning, the peso regained some ground but it was still down more than 9%.


TOPICS: Government; Politics; Society
KEYWORDS: mexico; nieto; peso; trump
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1 posted on 01/27/2017 10:55:56 AM PST by Sean_Anthony
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To: Sean_Anthony

How you say, “Please, sir! May I pay for your wall?” in Mexicanish?


2 posted on 01/27/2017 10:57:35 AM PST by Rastus
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To: Sean_Anthony

Sounds like a good time for Americans to short sell the peso and bankrupt Mexico. Then Trump needs to executive order the immediate 50% withholding on all Western Union and Moneygram remittances to Mexico. That will pay for the wall and then some considering some $26 billion in remittances gets sent south of the border.


3 posted on 01/27/2017 10:58:03 AM PST by NoKoolAidforMe (Donald Trump is going to be the 45 president of the United States. Accept reality.)
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To: Sean_Anthony

CARTELS!!!!


4 posted on 01/27/2017 10:58:56 AM PST by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: Sean_Anthony

Negotiation 101. Understand who is at the other end of the table. What do they want? What do you want? What are their must haves? What are their easy giveaways? What are yours. Mexico does not have much of a hand to play and they know it.


5 posted on 01/27/2017 11:00:46 AM PST by jimmygrace
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To: Sean_Anthony

Trump should say “f—k you, we’ll just send you the bill in the mail”.


6 posted on 01/27/2017 11:01:03 AM PST by ObozoMustGo2012
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To: Sean_Anthony

Nieto just blinked.


7 posted on 01/27/2017 11:02:02 AM PST by EternalHope (Something wicked this way comes. Be ready.)
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To: Sean_Anthony

Crush the peso. Make them bleed.


8 posted on 01/27/2017 11:02:19 AM PST by jeffc (The U.S. media are our enemy)
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To: Sean_Anthony

Haha! Our President literally wrote the book on this process, yet the media, and political types, still have no idea what he is doing. Idiots!


9 posted on 01/27/2017 11:02:28 AM PST by Edgar3 (Libnorance is a mental disease, and it's getting Progressively worse!)
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To: Sean_Anthony

Trump is playing hardball with the Mexican Caudillos in a way no American President has since Eisenhower.

He’s got their number now and they know it.

They are being put into a corner where he holds all the cards and will tell them the game is over: stop pushing your populace into our country and trying to rule us or we bankrupt you and cause a rebellion by your desperate people.

This is incredibly humiliating for the pretentious garbage that runs Mexico but they are going to have to get straight with him. They understand. Hardball is what they live by.

A militarized border would be a good next step just to let them know how we really feel about them screwing with us the last 30 years.

But I’m sure Don knows how he plans to play the cards.

After all, he is Trump.


10 posted on 01/27/2017 11:03:33 AM PST by Regulator
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To: jimmygrace

I know what Mexico should do. They should really play hardball. you know, threaten the US and smear Trump in their media. That is the record for success. Bring America and Trump the their knees and force us to continue to support them all the while keep absorbing the illegal, drugs, criminals, etc.

That’s the winning solution.


11 posted on 01/27/2017 11:03:57 AM PST by dirtymac
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To: Sean_Anthony

That didn’t take long for Mexico to fold.


12 posted on 01/27/2017 11:04:33 AM PST by Red Steel
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To: Sean_Anthony
Where's that damn book...said Neito...

What book? said an aid

The one that the Gringo Trump wrote.

Ah....but you burned it cuz you thought Gringo Clinton's ....... would win.

13 posted on 01/27/2017 11:04:44 AM PST by Sacajaweau
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To: Red Steel

They folded faster than a tortillas a taco bar


14 posted on 01/27/2017 11:06:49 AM PST by al baby (Hi Mom Its a Joke friends)
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To: Sean_Anthony

Mr President we’re winning so much, I don’t know how much more of it I can take


15 posted on 01/27/2017 11:07:25 AM PST by Jeff Vader
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To: Red Steel

Trump holds all the cards. And in fact the US ALWAYS has held all the cards!

We only needed a leader willing to PLAY them!

Donald is our TRUMP card!


16 posted on 01/27/2017 11:08:20 AM PST by TexasFreeper2009 (Make America Great Again !)
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To: al baby

LOL!


17 posted on 01/27/2017 11:09:30 AM PST by RushIsMyTeddyBear (****happy dance**** BIGLY!!!! Shadilay!)
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To: Sean_Anthony

Trump holds all the aces and face cards in this game of blackjack....


18 posted on 01/27/2017 11:12:20 AM PST by trebb (Where in the the hell has my country gone?)
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To: Sean_Anthony; All

For any of the Freepers who haven’t seen this... it’s priceless. If you have seen it, it’s now funny as hell.

http://www.nbc.com/saturday-night-live/video/white-house-2018/2933531?snl=1


19 posted on 01/27/2017 11:14:25 AM PST by nikos1121 (We are about to see The Golden Age of Pericles in the new Trump Administration.)
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To: Sean_Anthony

The Mexican ruling class knows it has no leverage in any negotiation with the U.S. All the bluster from Nieto is for domestic consumption. He’s got to at least try to look tough to his people, but he knows he doesn’t have a leg to stand on.

Mexico needs us, but we don’t need them in any way. That country is a net drain on our people and our resources.

If they know whats good for them, they’ll come to the bargaining table with hat in hand, and take whatever crumbs President Trump is willing to give them.


20 posted on 01/27/2017 11:16:48 AM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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