Despair in Mexico: Shawn, this article is on the money.

» GeraldS_2 - Shawn, this article is on the money.

Shawn, this article is on the money. The New York Times has a circulation of millions: I wonder how many subscribers actually read the column to which you refer.

Now the economic news sources are speaking of a world recession led by one in this country. Those Mexican and other third world people were surviving on their small farms or share-cropping before the advent of globalization. But NAFTA and other agreements removed protective tariffs from agricultural products permitting U.S. corporation farms to stifle competition resulting in a surge of third world people into the labor market.

As the purchasing power of Americans declines due to unemployment, and our imports necessarily decline, unemployment in the third world will increase and their present suffering will grow to even greater levels.

Then what? American corporations will not permit a return to "the way it was".

THE SPECTRE OF MALTHUS HAS FINALLY ARRIVED !

-- posted by GeraldS_2