Jump to content
Chapala.com Webboard

Peso Rate Alert


Recommended Posts

6 hours ago, SunnyDaze said:

You are embarrassing to the rest of us. Mudgirl makes a good point, plus the Aussies  have a higher quality of living as well. Hopefully you can understand this:

Best Countries to Live in the World | U.S. News Best Countries (usnews.com)

Perhaps the reason that there are "no" Aussies here is the significant difference in climate, but the countries do have similar backgrounds as to how and by whom the countries were settled.......but nobody has answered why ,despite its missteps, huge deficit's and other "warts", are many people willing to make huge **financial investments** in the "dump" and others making their way both legally and legally, To the perceived "Shangri-La"

++ I have family in Miami working as investment bankers who tell me that there continues to be huge, homogenous amount of monies coming in  from S America  and Mexico ** Disclaimer I am not a financial advisor

Link to comment
Share on other sites

"Perceived" is the operative word. Twenty years ago, I had a long conversation, in San Miguel de Allende, with my housekeeper's son. He was determined to head to the U.S. and make his fortune. It started out with how much money he could make per hour. That's the only financial aspect of which he was certain. He didn't know how much rent would cost, or furniture, or clothing, or utilities, or transportation, or food or taxes that would be withheld from his paycheck (legally or not). He didn't go. The grass is not always greener and, imho, it is desperate people who make the trek because they've already hit rock bottom.

Money usually goes or stays where it is "perceived" to be safer. There are no guarantees in life. 2008 is still clear as a bell in my mind.

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...