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To: 2ndDivisionVet
Mexico is sliding into an economic crisis even beyond their normal periodic meltdowns.

Loss of oil revenue and repatriated money from American illegals, corruption and civil disorder spurred by rival drug gangs.

I fear that the US Army's next mission will be to prevent a total breakdown in Mexico.


BUMP

192 posted on 08/31/2007 2:45:32 AM PDT by capitalist229 (ANDS)
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To: capitalist229
Mexico is sliding into an economic crisis even beyond their normal periodic meltdowns.

Loss of oil revenue and repatriated money from American illegals, corruption and civil disorder spurred by rival drug gangs.

I fear that the US Army's next mission will be to prevent a total breakdown in Mexico.

Every other day somebody is claiming doom and gloom for Mexico. Usually these are people who know little or nothing about Mexico.

Mexico is doing just fine. The corruption levels are dropping drastically as Calderón is using the whip. There have been issues and battles with police in some areas, but this has primarily been because the federal government was cracking down on corrupt police and gangs. Calderón maintains incredibly high approval ratings and the economy of Mexico is becoming freer. Mexico is one of the largest economies in the world and their economy is reasonably diversified for a Latin American country, contrary to popular opinion. As far as Latin American countries, only Chile is doing better in my opinion. It is useful to remember that the socialists got hammered hard in the last election and that today the adults are in charge.

You might think this is contrary to the massive immigration problems. And you might think that Mexicans are fleeing from dire poverty. This is not true. It is just that people make decisions at the margins. And when they see that they could do untrained labor in the US for four times as much as they make it is easy to think about illegally crossing the border.

197 posted on 08/31/2007 4:04:28 AM PDT by burzum (None shall see me, though my battlecry may give me away -Minsc)
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