Investment bank Mediobanca warns of “clear risk of contagion”… Read More Just How Safe is Spain’s Banking System?
Any move by Mexican businesses to import raw materials from other countries could hit U.S. farmers hard.… Read More Mexico Prepares Plan To Ditch U.S. Grain Imports As NAFTA Showdown Looms
If the cost of mainstays of the Mexican diet such as tortillas, eggs, milk and chicken start to soar, an already unpopular government can expect snowballing protests.… Read More Mauled by Peso Crash & Inflation, Mexico to Cut its Dependence on US Food Producers
The Risk of Contagion of a full-blown Mexican crisis is far greater today than it was during the Tequila Crisis 22 years ago.… Read More The Hideous Constellation of Threats and Challenges Facing Mexico
“That men do not learn very much from the lessons of history is the most important of all the lessons of history.” Alduous Huxley In its recent daylight plunder of the accounts of uninsured Cypriot (and Russian) depositors and its ruthless steamrolling of all political and social opposition in its way, the Troika has displayed,… Read More The Tequila Crisis: The Prelude to Europe’s Economic Storm