When I was young, I remember hearing about how bad Mexico’s economy was, and wondered why I wasn’t part of the group of Americans who’d see what the future held for me. Unfortunately, that isn’t really the case today, as it seems the Mexican Peso has become increasingly stable in relation to other countries.
Why is that? Well, it’s because of the US economic trends that have led to Mexico’s booming economy. As a result, they’ve been able to spend more money on all of their important necessities, and have done so at lower rates than they would otherwise.
Now, some might argue that if the US continues its decline, then the US economy is bound to get even worse. However, I’d submit to you that if you continue on the same path of the US economy, then Mexico will end up leading the US on a downward path, as well. Why? Because they are the ones who created the recession, not the US, and they are the ones who’ll be paying for it.
So, it looks like the US economic trends will likely work against Mexico. But, the reality is that as long as the US economy is going down, so too will Mexico.
There’s no arguing that the US economy is going through some tough times, which means it’s probably going to have an economic outlook that’s much harsher than it’s been in recent times. In fact, as economic conditions continue to get worse, there’s a good chance that the US will slip into a recession in just a few short years.
While that may be a bad thing for some people, it could actually be a good thing for others, including the Mexican government. After all, they know that if they spend less money on their own economy, it means they can afford to invest money in things like higher-quality schools, infrastructure, etc., which are great for both countries.
That being said, I wouldn’t call it a good thing or a bad thing, as long as you look at it from a perspective of “what will happen if we don’t intervene”. Instead, I’d say that it’s a necessary component of our economy.
If you think you’d like to be able to predict the future of your country and its economy, then the next time something happens to the US economy, then you should be able to take action and make some money. You’re on your way to prosperity!
And now that we’ve established a foresight into what will happen if we do nothing to stop the US economy from sliding into recession, it’s time to see how the Mexican economy is going to fare. In other words, what do I mean by this?
Well, let’s start by looking at the current situation. Right now, the Mexican Peso is about to plummet to about 80% of its value, as many investors are pulling out of the market. Mexico altogether because they fear that it’s about to experience the worst economic decline since the 1930s, when the country was in a deep depression.
That’s just one of the reasons why many of these people are leaving the country. But, this isn’t necessarily a bad thing, either. If you think about it from the standpoint of investing in Mexico, it means you’ll be making money faster and making it faster.
Remember, as things get worse, investors are getting scared, so it’s hard to predict where they’re going to be, but the end result should be better than if they had been in a position to wait until things get better. Therefore, if you’re investing in Mexico, then you can expect to make money faster and make it faster than if you had waited until things were better.
And, yes, it’s probably true that the Mexican economy is in a recession because we’re experiencing an economic decline, but it’s a slow economic decline, and it’ll most likely go deeper than the United States’ economic decline. It’s possible that things may even get even worse, but as long as the US continues on the downward trend, it will be more of a setback for Mexico than it is for us.