Comments on: 5 questions about investment in Mexico: An interview with former Ambassador Jorge Guajardo https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/ Mexico's English-language news Sat, 29 Jun 2024 19:18:22 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Daniel Houck https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/comment-page-1/#comment-6478 Sat, 29 Jun 2024 19:18:22 +0000 https://mexiconewsdaily.com/?p=353067#comment-6478 Mexico’s roads are “decimated” by shoddy construction, corruption and dismal maintenance. Trucking is the reality of the modern economy, you want the economy you have to have decent roads. Reliance on not much better private toll roads with sky high tolls is no solution either. Tolls have reached the level of racket in much of this country.

Frankly, I don’t know how companies can move product over these terrible roads, which have gone steadily downhill in the 16 years we’ve lived here, and have stuff and the truck arrive in one piece.

As long as roads are thrown up overnight and fall apart in a year (local examples, Mex 15 north from Jocotepec and the Jocotepec bypass itself) and seemingly built and maintained on a whim, the roads in this country are going to put a lid on economic activity, particularly in the interior of the country.

Mexico doesn’t have the wealth to fund its own growth. It is easy to whine about economic colonialism whilst living on a foreign pension but those jobs are the difference between eating and not for a whole lot of people in this country.

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By: Scott Smith https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/comment-page-1/#comment-6232 Fri, 21 Jun 2024 19:20:17 +0000 https://mexiconewsdaily.com/?p=353067#comment-6232 In reply to Neil Youngson.

Unfortunately Neil, Mexico has a long history of nationalizing companies that underperform and lose money (see Pemex and CFE). In the past 25 years, Mexico has had to turn over 1000 companies back to the private sector due to inefficiency and loss of money. Sheinbaum knows this and thus views this approach as more pragmatic.

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By: Jorge of the castle https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/comment-page-1/#comment-6214 Thu, 20 Jun 2024 17:09:26 +0000 https://mexiconewsdaily.com/?p=353067#comment-6214 I love the terms “employment pimping” and “suck out the profits”. Morena has the opportunity to develop Mexican infratstructure including water while protecting it’s sovereignty.

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By: Neil Youngson https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/comment-page-1/#comment-6176 Wed, 19 Jun 2024 09:27:29 +0000 https://mexiconewsdaily.com/?p=353067#comment-6176 “… or whether she is more pragmatic and seeks to address deficits in energy generation, especially clean energy generation, by allowing, and courting, greater private sector investment.”

more pragmatic?

This gave the whole article away… The assumption that the only way to address apparent deficits in energy generation is to allow foreign companies (read US companies) to come in and suck out the profits for their foreign investors.

I’m getting tired of reading articles in this publication by people whose only objective seems to be to bolster the profits of foreign corporations.

How about those profits stay in Mexico and benefit the entire population not just the foreign elites?

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By: Robert Burns https://mexiconewsdaily.com/business/investment-in-mexico-5-questions-jorge-guajardo/comment-page-1/#comment-6171 Wed, 19 Jun 2024 04:06:42 +0000 https://mexiconewsdaily.com/?p=353067#comment-6171 Certainly, México needs to extricate its cancers of impunity and organized crime but trading that for inverse colonialism in serfdom to foreign corporations could be worse. México deserves more than employment pimping. It deserves a meaningful role in corporate investment, management, and earnings. I don’t see any sign of even taxation in México whose highways are endemically decimated by massive trucks most of which seem to be foreign owned.

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