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RBC notes a decade of wage inflation in China vs. stagnation in Mexico has left the U.S....

RBC notes a decade of wage inflation in China vs. stagnation in Mexico has left the U.S. southern neighbor quite competitive. Toss in a new world of expensive energy, and Mexico's advantage over China gets clearer. Look for Mexico's share of U.S. imports - 12.5% in 2010 - to keep rising.
Comments (5)
  • Dana Blankenhorn
    , contributor
    Comments (7892) | Send Message
     
    Yeah, except for all that gang violence and drug wars and complete lack of education or sophisticated infrastructure they're exactly the same!
    21 Jun 2011, 03:36 PM Reply Like
  • Duude
    , contributor
    Comments (3398) | Send Message
     
    Primary and secondary education in Mexico isn't any worse that the crap they pass as education here in the states. Its just cheaper. Frankly, I'd rather send dollars to Mexican workers living and working in Mexico than to China.
    21 Jun 2011, 04:15 PM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (7892) | Send Message
     
    The question is where you'd prefer to invest. I personally agree with you, investing in Mexico makes more sense. But it's not up to me.
    21 Jun 2011, 04:21 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Yes, and Mr Slim keeps getting fatter.
    21 Jun 2011, 04:25 PM Reply Like
  • Dana Blankenhorn
    , contributor
    Comments (7892) | Send Message
     
    That's another issue, which I covered on my personal blog www.danablankenhorn.co...

     

    Simply put, if one guy has all the money he has no one to sell to.
    21 Jun 2011, 04:29 PM Reply Like
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