Enrique Quintana: Threats Against the Peso
The peso has devalued by 15.9 percent due to the qualified majority and reforms, not so much because of Sheinbaum’s election. We do not know exactly how the markets will react if the reforms start to take effect this September. We could end November with an exchange rate of 22.83 pesos per dollar. Four factors will influence the exchange rate:
1. How the approved reforms are implemented.
2. Sheinbaum’s inauguration speech.
3. The U.S. election.
4. The Economic Package for 2025.
The challenge is to present a credible and convincing economic project. If not, the peso will be punished, and the dollar could rise even higher.
Raymundo Riva Palacio: Lies Like Breathing
López Obrador lies as easily as he breathes. He invents incredible things—some frankly ridiculous—distorts data, and falsifies others to hide failures and come out unscathed. Insisting that the health system he leaves behind is better than Denmark’s, that gasoline costs less, or that there is no more corruption in the government. Sheinbaum does not know how to lie as cynically as López and will also lack money. López leaves her a legacy of fierce corruption and has insisted that she must complete the works of his six-year term, even if she has no money. The last report is Sheinbaum’s roadmap. He does not trust her and has dragged her on his tours around the country to commit her to follow the Obradorism project without changing a comma, and has imposed 11 secretaries of state on her, more than she has managed to appoint. He wants Ramírez Cuevas, Rafael Barajas, El Fisgón, Epigmenio Ibarra, and Andrés López Beltrán to stay, all of whom are sinister characters. López Obrador has deceived his entire public life, betrayed those who have helped him the most, and Sheinbaum should get rid of him as soon as possible.
Pablo Hiriart: Lies and More Lies
Yesterday, the President delivered a scandalous string of lies in the Zócalo, perhaps the most cynical speech of his term, with the support of the crowd that approved the reform of the Judiciary by a show of hands. He defended the power given to the military and the destruction of the Judiciary. These are the two clamps that will bind the dictatorship he will leave in Mexico. López Obrador sent “the institutions to hell” a long time ago, and we did not fully understand his diabolical personality. Those who said he was a danger to Mexico were right. He has confirmed it with his stance: “don’t come to me with ‘the law is the law’.” Is it not a dictatorship? He will tighten the grip as circumstances dictate. The opposition parties will be mere decoration. Control of travel within the country, exits abroad by roads, ports, and airports, everything will be in the hands of the soldiers. Also, customs and the streets. López Obrador lied about everything.
Salvador Camarena: A Historic Mistake
Previously, censorship was done with punishments and rewards. Access was limited, and/or the source of those who were “inconvenient” was changed, even their dismissal was requested; and the enormous government budget for propaganda was distributed discretionarily so that the most important media did not serve as censorship. With López Obrador, there is a frank aggression against public media, and he has built a system of Obradorist propagandists on the payroll. If Sheinbaum also privileges propagandists disguised as journalists, we will witness a unique regression of half a century in the press-government relationship. We will see the official effort to limit the free flow of ideas and information. We will see censorship. Sheinbaum would be making a historic mistake.
Jonathan Ruiz: New Game
We are entering the era of a new country. Mexico will maintain its population and the same territory, but its rules will be different. Regardless, Mexico cannot abstract itself from the rules of Nvidia, Apple, Microsoft, or AWS. Ignoring them means exiting the global economy. Even China, with its enormous population and technology, does not attempt this. It is urgent to consider this during the next drafting of the Constitution.
To play in the new world, it is necessary to buy machines and train people. Brazil knows this. Even Argentina. Mexico does not have a single supercomputer. The new supercomputers are dedicated to reviewing statistical data at high speed to solve, among other tasks, new cures for diseases. But the ruling party is focused on itself.
Source: Todos por lo Mismo
