There’s a strange idea circulating among Mexican currency traders. Well,?? ??? more of a joke really. But there’s a certain logic to it.
It goes like this: Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc. -- at a cost of about $12 billion -- and immediately shut it down. The notion made the rounds this week after the central bank revealed it had already blown through $2 billion of reserves in a largely futile effort to shield the peso from a steady stream of anti-Mexico Tweets from Donald Trump.
“I would suggest they do it fast,” joked Juan Carlos Alderete, a foreign-exchange strategist at Banorte-Ixe in Mexico City. “Because we can barely afford it now."
Now, no one thinks this is really going to happen. And it’s hard to imagine it’d be effective anyway. But that the idea was even raised in jest shows how just how frustrated Mexicans are that their economy and the value of their savings are at the mercy of the seemingly random musings coming in 140-character bursts from Trump’s Twitter account. It’s a sentiment that presumably would be shared by U.S. investors in companies like, say, General Motors Co. or Lockheed Martin Corp., but in Mexico, the pain, and the accompanying despair, appear to be on a much greater scale.
SEE ALSO: Sorry, Wal-Mart. Amazon wants your food stamp customers as wellThis Tweet is currently unavailable. It might be loading or has been removed.
A Look Back at Great Leap’s Beginnings
Your next UberEats meal could be delivered by this 70
Apple's new ad takes us to a New Orleans barber shop — with one familiar guest
Breaking Trump news inspires everyone to make the same ice cream joke
A Look Back at Great Leap’s Beginnings
All the outlandish things Trump said in his commencement speech for the Coast Guard
Here's Celine Dion in a 'Bye Felicia' hoodie
Instagram and Snapchat don't pay. Patreon does and it's growing like crazy.
‘Free! Take Your Marks’ Screening Nationwide for One Night Only
Helicopter pilot lands chopper at McDonald's to grab some food
Lecture, Exhibit on Akita Dogs at Japan Foundation
Donald Trump and Elle Woods from 'Legally Blonde' gave suspiciously similar speeches
James Comey once pulled a Sean Spicer to avoid Trump
Epic 'Why I left BuzzFeed' video is straight out of a Marvel movie
Хьюстон, мы вышли в открытый космос — как прошел финал Winline EPIC Standoff 2 Cosmo: Major
Of course there are a whole bunch of Trump tweets about how bad it is to mishandle classified intel
Yellow blush is the latest beauty trend taking over Instagram
Skilled toddler puts out birthday candle with well
‘Art of Shinkansen’ Exhibition This Weekend
Sleeping woman being wheeled around campus is truly a bizarre sight
Centenary UMC Welcomes New Senior MinisterAsian American City Councilman Receives Hate EmailVOX POPULI: City Must Help Both Unhoused and Little Tokyo at Toriumi PlazaKansha Obon II Set for Aug. 7 at JANMUSJC Welcomes New Leaders to Board of CouncilorsNot Bad for a Night’s WorkMia Bonta in Runoff for 18th Assembly District SeatSpa Shootings Suspect Pleads Guilty to 4 of 8 CountsNew Book Provides Insight into Conflict with Tribe over Tule Lake SiteGrateful Crane’s Virtual Holiday Card Kindness Is in Fashion: So JA Centennial Businesses Celebrated in San Gabriel Elected Officials to Address ‘Voices of Our Seniors’ Town Hall Griffith Park Dedicates Sign on Site of Internment Camp Just Kidding Around at JACCC Dept. of Transportation HQ Named in Honor of Former Secretaries Mineta, Coleman Google Doodle Celebrates Photographer Corky Lee Amache National Historic Site Invites Public Input on Development of Foundation Document? Fun, Food, Bingo for All Ages Las Vegas Man Charged with Federal Hate Crimes in Connection with OC Church Shooting
0.4561s , 9735.921875 kb
Copyright © 2025 Powered by 【?? ???】Mexico's solution to Trump's tweets? Buy Twitter and shut it down,Global Hot Topic Analysis
