July 2018: The next election in Mexico
The 2018 elections are going to be loud, hysterical and produce a new president with less than 40% of the vote. Mexico will have another six years of the multi-party circus that makes governing impossible.
One of my Mexican friends said this:
If the PAN wins, then it will be about the same. If the PRI wins then the losers will say that they stole the election. If the leftist PRD wins then money will fly out of Mexico so fast that the peso will have a massive devaluation.
And here is my memo to the candidates: Mexico’s problems are “hecho en mexico”. Beating up the US is a pleasant distraction but it won’t create jobs, attract foreign investment or protect “the maquiladora” industry from China.
P.S. Alan Riding wrote a great book about Mexico in the early 1980′s. I recall attending a conference in Mexico where he discussed the book. It is still very relevant:
Source: http://cantotalk.blogspot.com/2017/12/july-2018-next-election-in-mexico.html
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