dirtier fingernails & cleaner minds ([A]s each week brings more bad news from the...)

Quote
"[A]s each week brings more bad news from the United States, those forecasts seem quaintly optimistic. The North American Free Trade Agreement, or NAFTA, which so tightly bound Mexico and the United States and turns 15 on Thursday, is helping drag Mexico down with the United States just as it helped bolster it when times where good north of the border."

The New York Times on the Mexican economy. I like the original headline better: When the US sneezes, Mexico catches a cold.

Freda: It is with no small amount of guilt that I jump up and down watching the peso’s fall. But I can’t help it. The 25 percent drop in Mexico’s currency means, essentially, a 25 percent raise for Tim and I, who live on meager freelancing earnings paid in US dollars (and the occasional Euro). I know this is bad news. It just doesn’t feel like it right now.

#mexico