Not only that. Wages of all but the elite have to be deflated. Bringing in unfettered numbers of hispanics to compete for lower-income jobs in the US will destabilitze neighborhoods, leading to more government control, and competition for jobs that will keep wages so low that people won't even be self-sufficient....while the elite pile up wealth and assets.
When it all falls apart, they'll retreat to their islands, gated communities, etc.
That will fail. This is a game of "musical chairs"; everyone will become captives eventually.