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Message: For those of you reading Jim Willie... Mexico on the Verge of a Failed State

For those of you reading Jim Willie... Mexico on the Verge of a Failed State

posted on Jun 23, 2008 06:47AM

A few kidnappings and unhappy drug lords do not a revolution make. Study the history of revolutions. They are not started by unhappy drug lords. And even if this was the first revolution started and completed by unhappy drug lords, they would still, most likely keep the mining industry intact to keep money flowing into their drug running cartels. Why would they destroy such a cash cow, especially during a time of world wide depression when drug revenues are falling? Sure maybe there will be higher royalties, but in the environment Willie speaks of, the price of gold will be so high that such payments will be inconsequential. Numerous factors must come together to destabilize an entire country. Mexico has been in much worse shape in the past and nothing significant along these lines has happened. True, anything is possible, but I wouldn't get too worked up just yet. I'll write more over the next few days. Bull

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