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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (32603)4/8/2008 11:32:05 AM
From: blazenzim  Read Replies (1) | Respond to of 217931
 
How do these "thousand families" squelch competition? From what I can see, the small business economy in Mexico is very vibrant. Still an unbelievable basket case compared to the US however.

The banking system appears to be a weak link in their economy. Credit is virtually nonexistent for the average person. If they were leveraged up to their eyeballs like American consumers, the economy would take off like a rocket ship.



To: Elroy Jetson who wrote (32603)4/8/2008 11:32:48 AM
From: elmatador  Respond to of 217931
 
Agreed. Like the Philippines where the old caste of Spanish colonizers has the reins of the economy. Luckly, we had a pool of migrants coing in that removed the reins from the 400's

400's were the old oligarchs families, who got rich on cycle after cycle (It refers from the 400 years from 1500 to 1900.)

sugar, raw ride, gold cofee, after coffee the power slowly, very slowly changed. Culminating in today's Lula peon president...


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