Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Reuters)   Mexico's economy hits a wall in April, shrinking by a record 17.3%   (reuters.com) divider line
    More: Scary, Economy, MEXICO CITY, Economics, Mexico's economy, Americas, official data, economic activity, United States  
•       •       •

266 clicks; posted to Business » on 26 Jun 2020 at 7:55 PM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



Voting Results (Smartest)
View Voting Results: Smartest and Funniest

 
2020-06-26 8:37:29 PM  
2 votes:
¿No mierda? I can't even be surprised by these numbers at this point, wherever they're coming from. It's going to take a while for everyone to get their heads out of the sand and the sand out of their asses to realize it, but yes, we are all very farked save for people in countries that both had a solid response from the word "go", and don't depend majorly on other nations that weren't so fortunate/sane. In other words, unicorns.

Best wishes, everyone. These next few years are gonna suck goats.
 
2020-06-26 8:02:40 PM  
2 votes:
Considering the lack of testing in Mexico and a positivity rate of 38% (!!), I expect their economy will continue to be in free fall for the next few months.
 
2020-06-27 9:30:31 AM  
1 vote:

Nullav: ¿No mierda? I can't even be surprised by these numbers at this point, wherever they're coming from. It's going to take a while for everyone to get their heads out of the sand and the sand out of their asses to realize it, but yes, we are all very farked save for people in countries that both had a solid response from the word "go", and don't depend majorly on other nations that weren't so fortunate/sane. In other words, unicorns.

Best wishes, everyone. These next few years are gonna suck goats.


I am truly interested in knowing what, where and in quantity has been produced and released to supply chain since the beginning of the year.

I can't substantiate my hunch with data (or is that proof of it), but I fear we have stalled out durable goods production as well as semi-durable consumer goods. We already know we have gaps in non-ingestible consumables as well as food production. Then, when the stores re-open, will there be goods for sale? And when services open, will they have goods needed to support the service?
Example for both would be fast food;- will there be paper cups for soda or buns for burgers available to let them run 24/7, full menu business? If no, will it employ as many people as before and will consumers still visit not knowing if their instant needs be satiated?
 
Displayed 3 of 3 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter



  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.