Home › Forums › Closed Forums › Properties or Areas › Manzanillo, MX › Stay away from Mexico, for
Stay away from Mexico, for the next few years as far as investment goes.
A. Mexico’s social programs that keep the society together are completely dependent on it’s oil monopoly Pemex http://en.wikipedia.org/wiki/Pemex.
B. Pemex soon will face a revenue crisis as Cantarell continues to crash http://www.iht.com/articles/ap/2006/11/22/business/LA_FIN_Mexico_Oil.php
C. Defending ones vacation home against an angry, hungry and rioting populace is not a good time.
A great place for a vacation though.
