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Message: Re: Canada v Mexico

Feb 25, 2009 01:22AM

SH,

Mexico's next Presidential election is in about 3 years. In the last one, in 2006, a left leaning socialist/populist, Lopez Obrador, nearly won. I think he came within 1.5% of the total vote count for claiming victory.

He's fallen out of favor with many since then, but his near win underscores how important it is that political risk needs to be factored into the overall risk of investing in Mexico versus Canada.

Baires

PS, George Zapata Blake told JP on FSN, that he'd never invest in any company located in Mexico. JP laughed.




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