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Updated over 7 years ago,

Account Closed
  • Investor
  • Paradise Valley, AZ
186
Votes |
328
Posts

Mexico Investing - Not For The Faint of Heart

Account Closed
  • Investor
  • Paradise Valley, AZ
Posted

Recently I was able to answer questions someone on BP had about investing in Mexico. Since Mexico is only a few hours from me and we have a lot of visitors from Mexico in the area, I keep my ears open for Mexico investing news. It has gone from bad to worse to horrible. I won't get too graphic but you can follow the link if you have further interest. Suffuce it to say, I have changed my plans about buying in Mexico in the near term.

What Americans (And Canadians) Should Know About The Mexican Security Crisis

by Tyler Durden

Oct 12, 2017 6:45 PM

Saying the situation in Mexico is bad is a gross understatement.

Since the marine-lead capture of notorious drug lord Joaquin “El Chapo” Guzman in Sinaloa back in 2016 and his subsequent extradition to the US in 2017, drug-related violence has skyrocketed in his native land.

Multiple cartels have risen up to take El Chapo’s place, and the casualties have been out of control. In the first two quarters of 2017 alone, more than 12,500 people have met their demise, either at the hands of the cartels or while caught in their cross-fire. That’s at least 2,000 dead on a monthly basis.

http://www.zerohedge.com/news/2017-10-12/what-amer...