Optimistic for Mexico

I know there is a small cadre of Mexico bashers on this and the couple of other local boards, so will expect to be flamed for reporting this.
I was encouraged today, when on the GPS Public Square, Fareed Zakaria stated in his analysis of the big picture, he is still highly optimistic about Mexico's future, because of EPN's economic policies. He was so positive, that he used it as one of three examples of something being done right in an otherwise depressing international/world scene.
I believe you can see or read his views if you go to his (GPS Public Square) website.

When I go into the malls in Guadalajara they are usually packed. Something must be going right.

"Those who do not learn from history are doomed to repeat it."

EPN and his neo-liberal economic policies are being dictated by those who previously instituted similar policies that were disastrous for this country. EPN is taking his orders from his godfather, CSG, and those who claim to have been around for a long time should well remember the hardships that befell Mexico because of the implementation of Salinas' economic policies.

Now, as in the past, the burden of these reforms will fall upon those who can least afford them  (the great majority of the Mexican population)  and the economic benefits will wind up in the hands of the wealthy and well connected few.

That did not take long, Slainte!
Fat lot Fareed Zakaria knows. What an idiot.
I have found that anonymous posters on the internet know waaaay more about economics and politics than anybody. You can just ask them. Or, don´t even ask. They will tell you anyway.  

Lady Otter Latté wrote:That did not take long, Slainte!
Fat lot Fareed Zakaria knows. What an idiot.
I have found that anonymous posters on the internet know waaaay more about economics and politics than anybody. You can just ask them. Or, don´t even ask. They will tell you anyway.    

Obviously, you have nothing to add to the topic. Your input is strictly limited to criticism of other posters.

Do you have any idea of what is being discussed here? I'd wager that without the help of Google, you couldn't even name the last 5 Mexican presidents let alone the impact their individual economic policies had for the country.

This is a public forum and I expressed my opinion. I stand by my statement. That you do not like it means nothing.
BTW, even though you are a "newbie" your tone is very familiar. Welcome back.

Yep, no clue. Just mindless babbling.

True the malls are packed but are they buying

Yes, their buggies are full and the line ups are long. Go have a look at Costco on a Sunday. There seems to be a lot of expendable cash in Guadalajara.

hopefully wrote:EPN is taking his orders from his godfather, CSG,

That statement,for anyone with a clue about Mexican politics,says it all.

hopefully wrote:"Those who do not learn from history are doomed to repeat it."

EPN and his neo-liberal economic policies are being dictated by those who previously instituted similar policies that were disastrous for this country. EPN is taking his orders from his godfather, CSG, and those who claim to have been around for a long time should well remember the hardships that befell Mexico because of the implementation of Salinas' economic policies.

Now, as in the past, the burden of these reforms will fall upon those who can least afford them  (the great majority of the Mexican population)  and the economic benefits will wind up in the hands of the wealthy and well connected few.

In my lifetime, I think Lopez Portillo did more damage.
About EPN's policies, let's hope if that is so, "the padrinos" learned from thier mistakes. As you say,"those who do not learn from history are doomed to repeat it".

For whatever it's worth, I could name the last 10 presidents in my sleep.

slainte39 wrote:

In my lifetime, I think Lopez Portillo did more damage.

Lopez Portillo and his buddy (el negro durazo) were a disgrace,but I think Salinas had and continues to have a more damaging influence on the country,just my opinion.
Neither one of them are likely to have many streets named after them,on the other hand,Colosio,who's assassination,believed by many to have been orchestrated by Salinas does.

This "Hopefully" character is quite the pessimist, isn't he?

stratman wrote:

Smartalex wrote:This "Hopefully" character is quite the pessimist, isn't he?

Pessimist? Hardly. Unlike you, he happens to know something about this country.

So who are you supposed to be...Hopefully's imaginary friend?

So.
Fantastic news! Mexico is doing great and will continue along this positive economic trajectory.
Oh crap. Mexico is in terrible shape and is an economic disaster waiting to happen.

Perhaps someone can help me choose.

TrueBrit wrote:So.  
Fantastic news! Mexico is doing great and will continue along this positive economic trajectory.  
Oh crap.  Mexico is in terrible shape and is an economic disaster waiting to happen.

Perhaps someone can help me choose.

Stay where you are and I will come where you're at.   

Is the sky falling or not? I need to know when to take shelter...

"Is the sky falling or not?"

According to experts on the interwebs, no--and yes.

viajero wrote:

slainte39 wrote:

In my lifetime, I think Lopez Portillo did more damage.

Lopez Portillo and his buddy (el negro durazo) were a disgrace,but I think Salinas had and continues to have a more damaging influence on the country,just my opinion.
Neither one of them are likely to have many streets named after them,on the other hand,Colosio,who's assassination,believed by many to have been orchestrated by Salinas does.

No doubt CSG was a robber baron who enriched his family and friends by allowing the purchases of government entities at discount prices. But....
JOLOPO decimated/wiped out the life savings of millions of Mexicans with his high double digit, almost triple digit (Argentina style) inflation rates. When they sought refuge in USD and USD accounts he suspended the exhange/ownership of same in the name of "La Patria". Then he arbitrarily forced the conversion of USD accounts, in the recently nationalized/government owned banks, to pesos at the rate of 50 centavos for each peso of value for said accounts.
How many remember the "triple zeros" he left us with.
It was highway robbery at it's best...could only have been worse if someone had thrown down on you with a gun.

The other good news for Mexico is that they avoided (tongue in cheek), the list of 6 countries that the rating agencies have deemed as the most likely candidates for debt default. Four of the countries are our neighbors to the south...Belize, Venezuela, Ecuador, and Argentina. The other two are Egypt and Pakistan.

nthensome wrote:Is the sky falling or not? I need to know when to take shelter...

I don't know and I would wager anyone posting on this board knows...when Mexico will fall into the abyss.  

slainte39 wrote:

nthensome wrote:Is the sky falling or not? I need to know when to take shelter...

I don't know and I would wager anyone posting on this board knows...when Mexico will fall into the abyss.  

"Those who do not learn from history are doomed to repeat it."

It is one thing to guess/speculate on the future....But there seems to be people having trouble speculating on the past. Eh

¿Who wrote the history that YOU trust Op?

Sorry, I should have given "some credit" to de la Madrid who was nothing more than the "caretaker President" for the last six years of the 12 years of the disasterous economic policies that drove Mexico's economy into the ground, initiated and promulgated by JOLOPO.
Of course, there was Jim Dandy (Bill Clinton) to the rescue.

arbon wrote:

slainte39 wrote:

nthensome wrote:Is the sky falling or not? I need to know when to take shelter...

I don't know and I would wager anyone posting on this board knows...when Mexico will fall into the abyss.  

"Those who do not learn from history are doomed to repeat it."

It is one thing to guess/speculate on the future....But there seems to be people having trouble speculating on the past. Eh

¿Who wrote the history that YOU trust Op?

Nobody had to write it....I lived it.

Well, what happened before that...I believe everything, I believe nothing.

slainte39 wrote:

No doubt CSG was a robber baron who enriched his family and friends by allowing the purchases of government entities at discount prices. But....
JOLOPO decimated/wiped out the life savings of millions of Mexicans with his high double digit, almost triple digit (Argentina style) inflation rates. When they sought refuge in USD and USD accounts he suspended the exhange/ownership of same in the name of "La Patria". Then he arbitrarily forced the conversion of USD accounts, in the recently nationalized/government owned banks, to pesos at the rate of 50 centavos for each peso of value for said accounts.
How many remember the "triple zeros" he left us with.
It was highway robbery at it's best...could only have been worse if someone had thrown down on you with a gun.

Slainte,you make a good case and you actually lived here through it,I didn't,at least Lopez Portillo is dead,while many believe that Salinas is EPN's puppet master.

viajero wrote:

slainte39 wrote:

No doubt CSG was a robber baron who enriched his family and friends by allowing the purchases of government entities at discount prices. But....
JOLOPO decimated/wiped out the life savings of millions of Mexicans with his high double digit, almost triple digit (Argentina style) inflation rates. When they sought refuge in USD and USD accounts he suspended the exhange/ownership of same in the name of "La Patria". Then he arbitrarily forced the conversion of USD accounts, in the recently nationalized/government owned banks, to pesos at the rate of 50 centavos for each peso of value for said accounts.
How many remember the "triple zeros" he left us with.
It was highway robbery at it's best...could only have been worse if someone had thrown down on you with a gun.

Slainte,you make a good case and you actually lived here through it,I didn't,at least Lopez Portillo is dead,while many believe that Salinas is EPN's puppet master.

¡De acuerdo! Let's hope the puppet outlives the master...or learns to talk on his own.

PS add on...Just to say that CSG was a better president than anyone else before him, shows what a dismal recent history we have had. I guess time has jaded my thinking into....Thank God, there is only one direction from "as low as you can get".
So   and have another