living.boondockingmexico@yahoo.com
Con el dinero, baila el perro! With the money, dances the dog! That's exactly how the Mexican elections went. Not only were the social programs put in place to give, yes give, money to the population to win them over, but in March 2024 just months before the election, the president offered double the money saying that with elections they would not be able to pay out money to the people because of constitutional restrictions. Double money guarantees votes.
In fact, in one of the president's two-and-a-half-hour morning indoctrination, he stated and I quote, "The strategy to win the elections is to give the poor people money. Because after receiving the money, they will vote for you". You may be wondering why he was able to get away with saying that; 1) the press has been squashed and the public fed that the press is "all" liars, and 2) who can watch his morning tirades if they are busy working, 3) most Mexicans don't have sufficient education to be able to understand what he says, and that is not an insult. The average educational level in Mexico is less than secondary school. Would Bob the Builder be interested in watching something educational after hammering nails all day?
Interestingly, minutes after announcing her presidency, Sheinbaum (the new Mexican president) was congratulated in person by Evo Morales, ex-president of Bolivia taken out of office for his socialist/communist reign, and Alberto Fernandez another socialist both who had destroyed their countries and their economies.
So here we are, and in the next year, we will see the country's direction. Trump will win in the U.S. which will be the beginning of the end for Mexico/U.S. relations. Border walls will be created, and Mexico will begin to close its borders to trade and immigration. We will follow the same pattern as Venezuela, Honduras, Nicaragua, Colombia, and Cuba. This will take years and I am sure that I will be in the twilight of my life.
Many say that Cuba suffers because of embargos created by the U.S. No longer true. The EU, China, and Russia are Cuban trading partners. The issue is that Cuba no longer has anything to offer in terms of trade. They produce nothing and the Cubans live hand to mouth and tourists do more damage than good visiting the country. It leads the people on a very fine thread but never really feeds, clothes or helps them out of their misery.
We will see a decrease in the middle class which grew exponentially in the last 35 years. Yes, poverty decreased by 2% in the last six years but only because they were given a stipend which raised them to the line just above extreme poverty. Without that, and no further investment in education, they will surely fall back into the abyss. If people believe there is an issue with illegal immigration into the U.S., hold your horses. Venezuela has lost half of its population which fled to the U.S. and other countries because of Chavez/Maduro and their socialist regimes.
Mexico is now paying Venezuelans stuck in Mexico $110 U.S. per month for six months, to help them return to their country. At the same time, Venezuela's inflation rate has been reduced from 350,000% to 75% through one significant change. Madura is slowly returning to a capitalistic economy and has stopped nationalizing companies and raping them of their capital, employees, and real estate. You can only take so much before you run out of cash.
End of the story and hopefully not the end of Mexico.
BTW, the peso is already weakening as I write. Need I say more. So long super peso!