Brazil Votes in High-Stakes Election While Expats Ignore Treasury Yields
Millions of Brazilians headed to the polls today for a bitterly divided presidential election, a stark reminder that the outside world is still collapsing into absolute chaos. Meanwhile, back in Baja, American retirees nursing micheladas continue to ignore soaring U.S. Treasury yields and Middle East commodity shocks in favor of debating whether fish tacos cost 45 or 50 pesos now. Global economic ruin simply cannot compete with the sheer therapeutic power of a three-day weekend on the East Cape.