But I intrigued by the problems facing the Mexican economy. A few years ago my wife & I visited her cousin in D.F. Her husband was working at Serfin at the time. I was shocked to hear that the majority of the top companies - banks, gas, industry, etc. - were all foreign-owned. At the same time, many top-500 wealthiest people in the world live in Mexico, a lot in Guadalajara. Go figure.

I’m not sure what the solution is (your pet peeve), but it does seem problematic to have a national economy so dependant on and so dominated by foreign companies - regardless of the short-term impact on jobs. On some level, the gov’t or the banks should offer incentives for more in-house economic development. Brancato is correct in identifying Mexico’s economic problem’s as being long-term.