Central banks are frantically weighing fresh interest rate hikes as stubborn inflation updates collide with US Treasury yields hitting multi-year highs under mounting fiscal pressure. Meanwhile, the most pressing financial crisis facing the American retiree community in Todos Santos is whether guacamole should cost 65 pesos or 80. As global markets brace for a brutal debt reckoning, local expats continue to sip lukewarm Tecates and explain to visiting tourists how the collapse of fiat currency makes trading handmade pottery way more authentic.