Posted on 01/13/2017 9:32:57 AM PST by Lorianne
The New Year brought new challenges to Mexican President Enrique Peña Nieto as U.S. President-elect Donald Trump bore down in a series of pre-inauguration critiques targeting the nation's staple automotive manufacturing sector.
The Mexican peso has declined more than 10 percent since Trump's surprise election victory in November and foreign investors are wary of taking action given the president-elect's threats on higher tariffs and stiffer taxes for cars made for the U.S. market. Elsewhere, the Mexican president has faced domestic unrest after retail fuel prices skyrocketed following a deregulation effort that rang in 2017.
An economic survey from the Organization for Economic Co-operation and Development finds the external headwinds for the Mexican economy are strong.
"Against this highly complicated global backdrop, Mexico has had to face various headwinds such as collapsing oil prices, a restrictive monetary policy in the United States, and a sharp depreciation of the peso," OECD Secretary General Angel Gurria said in an address from Mexico City.
The OECD finds widespread economic disparities in Mexico, from varying production centers in the north and south to other inequalities, including a lack of opportunities for women.
(Excerpt) Read more at upi.com ...
And about time, too. Mexico is ruled by a few oligarchical families—with the one controlled by Carlos Slim Helu at the top of the pile. They have the potential to be one of the richest countries in all of Latin America if they can get a decent government not dominated by those oligarchs.
Thank you for that information. Like Venezuela.....the money never gets to the people. Cuba...Castro died one of the wealthiest man on earth.
He’ll end up begging to pay for the wall.
They sent us 30 million welfare parasites, rapist, gangsters and criminals, populated our schools with millions of anchor babies, flooded our hospital emergency room with every disease known (some unknown) and now have the nerve to complain about dire circumstances?
I want them to suffer greatly.
People create wealth. Government creates poverty.
American Beliefs: What Keeps a Big Country and a Diverse People United by John Harmon McElroy compares and contrasts the colonialism of England, France, Portugal, and Spain. I discussed that in this reply on an FR thread:Spain found bronze-age civilization, and conquered them in a conventional manner as they would have liked to have done in Europe, especially England. Since they found a going concern their only interest was in dominating and exploiting it, rather than creating it. So the only people they sent to their colonies were soldiers and gentlemen to be in charge. No Spanish peons need apply.
Trump quickly became the leading contender for the Republican nomination, primarily because of his promise to seal the southern border and eject the illegal aliens from our country.
It's his signature promise to the American people, and more than any other reason, why he's now President-elect. He absolutely must (and very much can) deliver on this. The consequences of failing to do so, are almost too grim to contemplate, so it's a safe bet that he'll get it done.
Ironically, by forcing the tens of millions of Mexicans to return to their country, he will ultimately help Mexico great for the first time in its history.
We have been allowing our cousin Eduardos to the south to park in our driveway for long enough—draining their holding tanks into our storm sewer, mooching and lowering property values, stealing the jobs that weren’t sent south, their narco-terrorist cartels hurting us by bringing in drugs and trafficking their countrymen and children, committing crimes and burdening our jails and prisons.
As Trump suggested at his press conference, as far as Mexico goes and other countries taking advantage of Americans with sharp, one-sided trade practices for 25 years—we’ve been `Clark Griswold’ long enough.
It’s going to change. They don’t have to like it.
In short..they were a bunch of thieves. But, I must admire the English. They let them steal everything from the natives, and then took it away from the Spanish.
Maybe we ought to learn from the Brits history and do the same to the drug cartels. Steal their money. Just a thought.
Mexico needs the US more than we need them
They’ll be courting China next. There going to need a punch or two in the gut.
Don't have the ability to put a sombrero on cousin Eddie.
Why doesn’t the Mexican president call back his best and brightest who are here in the USA illegal that have plenty of time to wave Mexican flags at protests? If illegal Mexicans are so important to the economy, so hard working, so productive, so profitable, why not call them back to rebuild that hell hole?
Now, as you say. They treat Americans with contempt...IN OUR OWN COUNTRY mind you.
They act as if we stole their land, as if we owe them. They proudly fly their shameful flag in this land as if they are proud to be from Messy-co.
Good grief.
LS made the interesting point that when the US under James K. Polk took possession of what is now the US Southwest, it was not actually taking possession from Mexico. Although Mexico considered that it inherited a valid claim to the land from the Spanish, the indigenous tribes had never accepted the authority of the Spanish or the Mexican governments. And, de facto, the tribes had been able to keep Mexico from exerting effective control there.Thus it was the US, with its army and its railroads and its European immigrants which conquered that land. Not Mexico, and not Spain. Spain’s title was recognized in Europe, but its writ never ran on the ground. Again, the difference between the Spanish approach of taking over an existing (even wealthy) civilization and exploiting it, and the English, later US, approach of taking over land via ownership by farmers imported from Europe. Just sending in an army worked to exploit an existing civilization; it took farmers to provide a sufficient base of support for sufficient soldiers to conquer and hold wilderness.
Ping to #37 above.
Mexico is beautiful but government can be bought off, no guns or second ammendment and cartels wealth rule the day.
Our 20% of America doing recreational drugs have supporting led the rise of cartels and have funded terrorism in several places.
“I can’t argue with that. Is there a former Spanish colony that is not screwed up?”
Florida, depending upon your definition of “screwed up.”
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