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View Diary: MexiKos 9/25: Secret Meeting Held by US-Mex-Can Officials, Business Exec's (46 comments)

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  •  Mexico can never compete with China (2+ / 0-)
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    theboz, el cid

    And in exchange for this great "opportunities," Mexico is demanded to surrender greater rights and its natural resources.

    This whole scheme was already tried once. That was NAFTA. It was supposed to create jobs in Mexico in exchange of letting the country be flooded with cheaper trinkets.

    It didn't work then, and it won't work now. In fact, jobs from Mexico fled to China. The answer is simple: Mexico lacks the population of China.

    And if labor laws become even weaker, creating even more poverty than what it already exists, those people will flood the U.S., not stay in Mexico earning slave wages.

    •  I'm with you on that (1+ / 0-)
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      el cid

      Actually though, I think the U.S. is going to be mostly to blame for this.  If the U.S. enacted some economic protectionism similar to what Mexico has done, then there would be no need to compete in such a market.

      Even with Mexico taxing over 1,000% on certain items from Asian countries, the production situation in Mexico looks bleak.  An uncle of my wife had a furniture factory that made beautiful wrought iron furniture and it was good enough for him to live well off of it and pay his employees a decent wage.  Chinese factories started making furniture that looked similar, but was much cheaper and sold it in Mexico.  Despite the fact that the Chinese furniture is flimsy and breaks easily, it has been successful enough that the furniture factory had to be shut down.  He tried hard to keep it open, even dealing with politicians who gave him deals to make furniture for government buildings and schools, but even that was not enough.

      The goal of the rich is to turn the whole world into a 3rd world slum.  The vision of the future is a lot like what the U.S. was like before our labor movement existed.

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