Saturday, July 07, 2018

What may happen to Mexico

The Mexican populist Andres Manuel Lopez-Obrador may well lead Mexico down the same path Venezuela followed.  If so, Mexico's economy will collapse and its exports will vanish.

So, Trump may get his way and Mexico's trade surplus with the US  may vanish.

A Mexican economic collapse will motivate more people to try entering the US illegally.  If the situation becomes bad enough, Trump may get his wall, too.

No comments: