Collapsing Mexico was not the intent of Lawrence Summers, Obama’s new US Secretary of Treasury, but he has pulled it off BIG! Mexico’s economy today is shedding hundreds of thousands of badly needed jobs and is providing negative economic growth to its continually growing population rather than any positive numbers. Lawrence Summers is the architect of that catastrophe, so let’s review his US-Mexican resume some for those who are unaware of it. And let’s see what might be in store for Mexico’s neighbor, the USA?
Lawrence Summers was Clinton’s offerer of the US government’s move to tie Mexico into the NAFTA con, and point man to convince the Mexican PRI dictatorship, led by Ernesto Zedillo, to totally tie their country’s economic and political cart to an elephant and a donkey from the North. The carrot was a ‘giant bailout’ loan offer of billions of US treasury dollars (>$55 billion to be more exact). Many of Mexico’s PRI tied business men jumped at the opportunity and headed towards behind the scenes funding of the actual setting up of an American style 2 party con game, instead of the holding tight to the one party regime they had been supporting for so many decades. The final result was an acceptance of the billions coming from the US and a turn to setting up the Vicente Fox-PAN into the Mexican White House (Los Pinos). National debt to the US was set as something to worry about in the future, meanwhile they planned to ride high on the hog short term, and they did.
But now the US sowed genetically altered corn is coming come to roost, as Mexico has become caught totally tied to the US economy as the international collapse of all the world markets is underway. Mexicans are returning from the US because they cannot find jobs in the collapsing US economy, and returning under-aware of Mexico’s collapsing economy. A dark storm is beginning to brew, and just last weekend several hundred thousand people demonstrated in the capital against their US government enforced upon them government. John Ross, America’s foremost commentator on Mexican politics, writes of the unfolding situation this week in his commentary When (Mexican) Millionaire Mummies Mourn
Davos vs. Belem; Swine vs. Pearls
Why should Americans care about any of this? Isn’t the US collapsing world economies (China, Japan, Russia, European, and so on),one on top of the other anyway? What’s so special about what the US con-omy is doing to Mexico? Well…….? It is simply the fact that Mexico and the US are so intimately tied to each other and have been for centuries now. Wither Mexico, wither Latin America as a whole, too? It’s a volatile brew that is being stirred. BANG!
Keep an eye on Mexico as the economic downturn continues. The US government is losing its authority to direct…. to direct the people of Mexico in their own internal affairs with the collusion of their corrupt death squad loving elites who follow the order of our US elites. Don’t believe for a second that this development will not impact our own political turmoil ahead. Mexico will always be the key ‘foregin’ society for Gringolandia, and its just South of our ‘Homeland Security’. We are in this mess our corrupt capitalists have created for the common folk all of us together, and it has become a brewing Cauldron, Presidente Calderon.