Quote:
Originally Posted by Charlatan
I can tell you from ground zero that they are laying off and cutting back staff here as well. The banking industry is in a global tailspin and the expat bankers are getting hit the hardest.
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I don't know any expat bankers down here but I do know the brown substance is starting to hit the fan here. The peso's in a nose dive and the economy is dead. Much the local economy is driven by tourism, Mexican tourism. Many places are running at less then 40% occupancy. The service staff are being laid off left and right.