As Brazil's currency hits a multi-week low over fiscal jitters and upcoming elections, local gringos at the Pescadero surf break are far more devastated by a two-peso hike in artisanal mezcal. Nobody down here can quite remember what a 'fiscal framework' is, though most agree it sounds like a terrible reason to miss the morning swell. Global financial collapse simply cannot compete with overhead double-headers at Cerritos.