mlyn

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.

International ETF Update: Single-Country ETFs, Investing in Mexico

Currently Mexico is an exporter of oil to the United States. Its biggest oil field, Cantarell (sp), is depleting. Most of the oil revenue disappears into the government bureaucracy. So domestically and globally, Mexico is on a cliff, unless many of its other natural resources (precious and base metals) can take up the slack. But it still needs oil.