News Analysis: Contrary to Special Interest Marketing of Mexico as an “Impoverished Country that is too poor to feed its Citizens”, Mexico’s Central Bank indicates Billions of Dollars are deposited.
The Foreign Reserves of $176.55 Billion Dollars had risen by $893 Million last week alone!
Its 9.2% growth rate in the Money Supply is nothing to dismiss lightly.
One has to ask why a Country: With Great Weather; Two Oceans; Abundant Minerals; Hard Working Citizenry; $176.55 Billion Dollars in its Central Bank has a “Prevalent Population Poverty Pose” which it allows to be fostered by the ‘Gringos al Norte’? When remittances from America, by Mexican Residents, are in the Tens of Billions of Dollars NO ECONOMISTS NOR POLITICIANS ‘Scream’ in Washington, D.C.; Why not? the Outflow of Monies is not the best for America at this time. Some American Citizens wonder; “Are some people in the Capitol somehow benefitting Personally by this Charade of National Impoverishment?”
Reality.
Reference: http://laht.com/article.asp?ArticleId=1375950&CategoryId=14091