Look at it this way. Bill is out for one person....Bill!
Mexican President Andres Manuel Lopez Obrador, speaking during his daily morning conference, said the investment showed Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management by the government.
No way is Mexico a stable place. Cartels own the place and illegals use Mexico as a waypoint to free stuff in the USA.
They would be nuts to waste a few billion there.
The USMCA is a big reason....who knows...maybe draining California of tech and sending it to Mexico may shift the politics of those areas.
What’s the matter with the good old USA,Bill?
To my eye, this looks like an investment in Microsoft “Cloud” services.”
If they can get a huge chunk of Mexican businesses wired into the Microsoft Cloud, that will be very profitable for many years into the future.
The more and better jobs they have there, the less reason to come here.
BS. If $1,500 makes it thru to the project, after payoffs to corrupt gov't officials and cartels, it'll be a miracle.
Most likely, after all the money is spent on graft, corruption, this'll be MS' HQ and server farm:
I favor investments that strengthen economies in our hemisphere.
This is good imho.
Microsoft jobs are multiplier jobs - 1 of these will leads to hundreds in supplementary jobs. Plus Microsoft has a whole host of partners who then create jobs that provide software within the country.
This will improve Mexico’s economy and reduce migrants heading north. Already most of the migrants coming are not Mexicans but Central Americans - and as things improve, the Central Americans will stay in Mexico (as it is culturally and linguistically closer).
Beats China.