An ailing neighbor looks to Tio Sam for a helping hand
Finance Secretary Jesús Silva Herzog exuded a somewhat forced air of confidence as he addressed his countrymen last week. Like a terminal-ward doctor polishing his bedside man ner, he likened Mexico's economy to a "sick patient" who required different treatments as his condition fluctuated.
With an unemployment rate of more than 50% and inflation that threatens to reach 100% by year's end, Mexico's economy is certainly ailing. In fact, the economic cri sis was widely viewed as Mexico's worst since the 19 10 revolution.
But to many Mexicans, the govern ment's drastic...
To continue reading:
or
Log-In
