for two, bill oil completely left the room, they are not interested even though they are already prequalified. the reason why it's important, the reason why you're seeing the peso take a dive is because this was the president's revamp of the economy, trying to open up the world of oil, get about $60 million of revenue over the next few years and it did not work. joe: there is more rounds of this auction, right, it's not over? alex: correct, there is multiple rounds. we'll see hundreds of blocks auctioned off. off the bat, his reforms were not working. there was not the confidence to invest in mexico, bam, the peso. joe: i want to take a dive into the terminal and talk about the currency. now that greece has faded, the center of the world is wellington, new zealand. the new zealand is at its lowest level since 2009. here is a line going back to then. why is it collapsing? one word, milk, wild gold, it's been falling, there is lower demand, there is more supply, ireland is flooding the market. there are all kinds of things. the here is an economy in which one of the most economic indicators is