Daniel's Wolf link points to the threats to some huge Corporations that have dual currency debts issues.
One example of being caught out is ICA, the largest Civil construction company in Latin America which has ground to a halt by running out of cash flow.
They were recently kicked off the Port expansion project in Lazaro Cardenas because they couldn't finance themselves.
I believe the Mexico economy will face some trouble for a long time to come.
Message Thread | This response ↓
« Back to index | View thread »
Responses are not allowed!