Roberto Abraham Scaruffi: Just arrogance, with wide-spreading corruption, and without any real structural development, does not pay!

Wednesday 7 October 2015

Just arrogance, with wide-spreading corruption, and without any real structural development, does not pay!


“When the tide goes out, you can see who’s been skinny dipping,” Warren Buffet once famously said about financial investing. Many investors are now discovering that the receding economic tide has caught Brazil in a state of undress—and Mexico may be next: http://ow.ly/T7Cj9
There are plenty of chinks in Mexico's political and economic foundation that could put the country in a similar state of crisis as Brazil.
FOREIGNAFFAIRS.COM
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