The power of the US economy on foreign economies can easily be seen in Mexico...
http://www.latimes.com/news/nationworld/world/la-fg-migrant20apr20,0,4922473.story
The money sent back to Mexico that we have been talking about so much in class is going down. It is easy to understand with the whole economy going down and like the article mentions the beefed up border patrol.
A source of money based abroad can never be that strong, so what is the US going to do to help Mexican families? Probably nothing. So what is Mexico going to do to help take the place of the remittances? It is possible that they beg and barter with the US, but I do not see much happening if it does not directly effect the politicians or elections, or they can find some way around it.
Saturday, April 19, 2008
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