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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (7221)	12/8/2002 10:41:58 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 306849

NAFTA wasn't implemented until the mid 1990's. Since then, the Mexican economy has performed quite well. In the late 80's, early 90's, Mexico was in a transition phase. It was part of the failed Latin American model I touched upon in my earlier post; a model that was shackled by speculators and freewheelers. Currently, I think Mexico is an excellent place to invest and is rapidly reaping the rewards of NAFTA. Also, when I said investing, I did not mean to imply buying stocks, but private equity investing as well. With that said, I do believe the Mexican stock market will outperform G7 markets over the next 10 years. A lot of good things are happening there both economically and culturally - especially with its natural linkages with Spain and Portugal.

To: Lizzie Tudor who wrote (7221)	12/9/2002 11:52:42 AM
From: fatty	Respond to of 306849

>were you around as an investor in the early 90s? Back then it was Mexico, remember the "giant sucking sound"... I mean Mexico had so much going for it... Nafta and Maquilladoras, some US companies practically moved down there. My only word for Mexico is: No Gracias! After 2 Sony TVs and one Volkwagan Jetta, all made in Mexico and all bundled with countless problems, it will be a long while before I buy anything from there again. Except maybe some fish tacos.