Hello all , I have very specific questions about opening a CD or investment account here in Mexico. I have read advise here never to do it. Why? Has a major bank here like Santander or bancomber or HSBC gone under before? Is fraud and theft with no federal insurance a problem a problem , even with a CD? The interest rate on a 1 year CD in the USA is .05 here it is 5%. some here on line say it is because of the instability of the government? Do you believe someone could be elected that would just take your money, or NAFTA disappears and everyone loses everything? Please all posters with investments here in Mexico help me understand? Thank you.