The Specter of Mexico’s Coronavirus Crash [The New York Times]
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Source: The New York Times
Skip to contentSkip to site indexToday’s PaperOpinion|The Specter of Mexico’s Coronavirus Crashhttps://nyti.ms/2W8oF8HmentContinue reading the main storyPresident López Obrador and businesses will have to work miracles to avoid economic catastrophe.ByIoan GrilloContributing Opinion WriterApril 29, ,A street musician working with an organ grinder busks for change last month in Mexico City.Credit...Daniel Berehulak for The New York TimesMEXICO CITY — There is an old saying here: “When the United States gets flu, Mexico gets pneumonia.” This year, it got a new punchline: “So what happens when the United States gets coronavirus?”There are few countries so connected economically. The United States buys more than three-quarters of Mexico’s exports, $358 billion worth in 2019; and it’s home to 11 million Mexican citizens, who sent home a record $36 billion last year — cash that especially helps the rural poor here.As the U.S. economy crashespulls Mexico alongThe double whammy of exports and
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