Originally posted by: alexruiz
Originally posted by: dahunan
Now, the Clinton administration and congressional leaders are preparing an additional $40 billion U.S. taxpayer backed loan guarantee for Mexico. The loan guarantee would back up the sale of $40 billion dollars worth of 3 to 5 year bonds through Wall Street. The proceeds of the $40 billion dollar bond sale would go to the Mexican government.
The Mexican government will use the proceeds of the $40 billion dollar bond sale [/b]to repay the $28 billion dollar[/b], 20% interest, short term bonds that are now due and use the remainder of the money at their own discretion.
If the Mexican government pays back the $40 billion dollars of bonds insured by the U.S. taxpayers the U.S. government will receive a fee between $6 billion and $8 billion.
Mexico has defaulted on past debts. In the early 1930's Mexico defaulted on its debt; in the mid 30's Mexico nationalized the petroleum industry, much of it owned by U.S. investors; and in 1982 Mexico again defaulted on its debt.
Information on the Mexican Peso Bailout
Health Information for Travelers to Mexico and Central AmericaNationally, 52 percent of all recorded infant deaths in 1990 occurred during the postneonatal stage, when infants are most susceptible to infections and poor diet. Although perinatal complications accounted for 35 percent of all infant deaths in 1990, intestinal infections and influenza and pneumonia also remained important causes, representing 15 and 13 percent of infant deaths, respectively.
And FINALLY, The only Americans trying to sneak into Mexico ARE THOSE WANTED FOR CRIMES - LOL
Some truth, some not.... but in general it just confirms what I have posted.... the information of 1995 is not valid, as the country was out of the huge recession of 1994. How about more recent information???
The health information is *sorry* full of myth and lies..... I posted before in another thread WHY the travelers should not drink our water, and it refers ONLY to the way you were raised.... I also get diarrhea drinking water in the USA from the tap..... and I already explained that the high concentration of chlorine kills my normal bacteria.....
Tropical place???? Persons in the a goverment dependency who write about foreign countries MUST be required to read extensively about such places, and even visit them if possible..... I am still looking to visit some tropical places in MY own country...... LOL
Alex
PS. there are some, but defining the country as tropical is stupid to say the least....
Sorry dude, but it is valid. just because you had a recession in '95 doesn't mean that the information doesn't draw a picture of the country at that point in time.
