Despair in Mexico

» 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

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» Hawns - Re: Shawn, this article is on the money.

In response to message posted by GeraldS_2:

Gerald,

The key to your response is isolation. It has been proven through simple stats that Third World countries, especially in Latin America, during times of isolation from the First World takers. And now, as you have perfectly stated, they are in a funk, in a cycle where their welfare is completely dependent on the rich.

Unfortunately, globalization in its many different forms has exists for hundreds of years. It's previous identity was colonialism, which is the subject of this week's article.

Shawn

-- posted by Hawns

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