Mexico’s oil production peaked in 2004 and declines every year terminally. There is much written about Mexico as a failed state due to declining oil production. 40% of Mexican federal revenues come from the sale of oil, and this could completely dry up in just 5 years, as Mexico uses oil domestically and exports will dry up.

Peak Oil is a catastrophe, but the U.S. will collapse before Mexico. As a Fulbright Scholar to Mexico 2003-2004, recently U.S. professor political science, and resident of Mexico, I know what I am talking about. Google: peak oil impacts, and my website will come up first out of 900,000 sites.

Clifford J. Wirth, Ph.D.
http://survivingpeakoil.blogspot.com/
http://www.peakoilassociates.com/POAnalysis.html

The economic solution to Mexico is MEXICANS cleaning out their corrupt ranks. They did this in 1810 and again in 1910. The year 2010 is around the corner. WHO WILL FIX MEXICO IF NOT MEXICANS?

Any further assistance through liberal immigration/remittance facilities only postpones the agony of a real solution. We MUST force Mexico to fix its own problem. The bad guys (drug lords, corrupt politicians and tax-avoiding business men) are only too happy to continue the gravy train that we have provided for them for decades.

Put the NATIONAL GUARD on the border, deny the drug cartels the US market and THEN help the Mexicans help themselves. In this way THERE IS NOBODY TO BRIBE for access to the lucrative US drug market…. unless of course Americans can be bribed….

By the way, what has Mexico done with the billions of dollars of the trade surplus under NAFTA? 2007 it was $70B… probably in the pockets of the guys promoting “US assistance”….. pardon my scepticism…

Just like the U.S., a small percentage of Mexicans made money on the economic collapse while the other 95% suffered.