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humor Cloud Macro 2026-10-27

Baja Expats Unfazed As Brazil's Real Plunges While Lula Takes Power

As Brazil's currency tanks following leftist Luiz Inacio Lula da Silva's presidential runoff victory, local expats in Todos Santos are much more concerned with whether the fish tacos at the Tuesday market are still 40 pesos. South America might be descending into political and financial turmoil, but the overhead rights at San Pedrito are currently holding at chest-high and absolutely nobody cares about emerging market exchange rates. Let the socialists nationalize the rainforest; Chad is too busy trying to wax his longboard to check his portfolio.

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