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Unintended consequences
"Leftist" candidate Lopez Obrador is currently leading polls for the 2018 Mexican election with a platform to increase economic independence, particularly reliance on US corn and gasoline*.
That's a long way off and the status quo PRI seems to always manage to pull it out somehow.
A resurgence of Mexican nationalism wasn't hard to predict, though.
Corn and HFCS imports after NAFTA have been a significant contributor to the immigration wave.
*Koch, and other refiners. Even though we may be net importers of MX crude, they have a very good deal going by refining a witch's brew of discounted heavy oil and oilsands kerogen and NGLs. Not an altogether bad thing as a major part of the surge in US energy production has been Refinery Gain, where 2+2=5.
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Re: Unintended consequences
But I doubt many of the 30 million illegals are displaced Mexican corn farmers.
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Re: Unintended consequences
Corn $7 and everyone wants it - $3 and nobody wants it - go figure and I guess the world went on a diet ?
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Re: Unintended consequences
If 3 billion people can't get enough corn they'll bid it to $7. If 3 billion people have more corn than they want, they'll let it drop to $3. Supply and demand.
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Re: Unintended consequences
Political bunk.......
Mexican crude is imported because they don't have the refining capacity. It has to go somewhere it can be processed.
the mouse that roared squeaked ...
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Re: Unintended consequences
This is my clue.........
Mexico will loose in a tug of war....