That boom is coming to a screeching halt.
The boom was caused in large part by US and international investment; Coca-Cola, Nippon, Ford Mexico, International Banks in La Cuidad, etc.
The investment was due to cheap labor but that cheap labor is being supplanted by technology. There’s only so much one can do with uneducated or limited skilled labor.
The hotel and hospitality industry was booming but is taking a hit now because tourism is down overall. The narco money is behind the hotels. The murders and decapitations have had their effect on tourist’s perspectives.
Mexico has had their day in the Sun. The spectre of a Trump win is seen as the sunset of their 20-year emergence. And in many respects, they deserve it, why? Because all they did was take, take, take. They never innovated anything. They never gave back. In the final summary, they never really had much to contribute. They copied what others gave them. But the real blow to them was their hubris in thinking they were somehow superior when in fact, they were not anything of the sort. Such mindsets boosted memes of Reconquista and takeover of large parts of the USA from within.
When you hear what they are really saying, which can only be done when they think you’re not around, they say the people of the USA are ageing, weak and on their way out, and that it is time for them to step up and take over.
Everything you say is very sad for Mexico.
Obviously their people work hard. And the country is rich in natural resources. The fact that they are not doing better by managing their situation internally is tragic.
Corruption spoils all.