We’ve been like this for many years. aimlessly. Where the environment and social currents take us.
Today we are like this.
We don’t know if there will be a major economic crisis that will drown us. if that happens, We have no way to save ourselves. There are no resources, no strategy, no way to respond.
Since we are in a polarized environment, questions directed at the government are seen as attacks. spit Polarization is generated.
This drift was expressed, like ours, in the UK for example.
The queen, head of state, died. The government changed and Prime Minister Liz Truss thought it was Margaret Thatcher’s Reincarnation They launched a government program based on radical liberal philosophy in the 1980s and produced pound crash Sterling, the lowest level in the past 37 years.
But the worst part is that this is just the beginning. The British pound may fall and with it the British economy much more.
If today’s countries do not have a clear economic direction, the environment in the world can make us In countries adrift.
If today we had an environment in which each country manages its problems, it would be curious what investors think of the reality of each country.
The problem is that economically open countries We depend on the international environment.
In this context, Mexico has Strengths, opportunities and uncertainties.
The strengths have to do with its financial policythat avoided public debt.
Rating agencies punished low growth From the country, as a first topic.
But, if we had the same growth that we enjoy today in an environment of greater indebtedness, the story would be different. We may have already lost the investment grade.
Opportunities have to do with growth. If it is possible to attract a stream of investment, withdrawn by Roundingstrong enough, there will be more resources in the country and a strong lever for growth and with it a higher group.
doubts Have to do with the risk of not being able to take advantage of foreign investment flows in the face Legal and security uncertainty.
We don’t know how many companies will make the decision not to invest or take their resources elsewhere in the face of all the problems in Mexico.
Given the foreign investment figures, which are clearly on the rise, there is a question as to whether we will be able to maintain this trend.
Can The flow of foreign investment is very strong To succeed in preventing the country from drifting.
Perhaps Mexico’s intrinsic characteristics, such as its proximity to the United States, or its demographic profile, which ensures an increasing trend in consumption, are enough to encourage an influx of investment. We don’t know yet.
But the major fundamental issue that many Mexican businessmen note is that It is not clear where this government’s projects will lead us and how they will adapt those who will continue from 2024.
Hopefully the perception that can be inferred is that there are very clear goals and objectives, even though we haven’t achieved them.
The truth is that We struggle with contradictions. For example, while the Ministry of Economy is emphasizing electric mobility in its new industrial policy, CFE is continuing its strategies to rehabilitate even the oldest stations, even if they are coal-fired.
One government district withdraws to one side and another to the other.
This was a good part of the six-year period.
For this reason, many investors will continue to perceive that we are a country adrift.
I wish it wasn’t. But reality is ruthless and our wishes do not matter.
“Future teen idol. Hardcore twitter trailblazer. Infuriatingly humble travel evangelist.”