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Mexico Middle Class


CHILLIN

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Read an article about emerging middle class in a variety of countries. Interesting for an investment point of view. "Mexico is succeeding in reducing income inequality. Short-run growth rate depends on NAFTA negotiations". By 2030 there will be 10.2 million middle class households, an increase of 15% from 2017. By 2030 the median household income will be $24,054, up 27% from 2017. The appetite for middle class goods will increase, the author recalls being on a bus in Africa, and a completely topless Masai warrior woman was chatting on her smartphone.

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A personal related observation that the economy is improving....try finding a skilled mason and peon who does not have a drug related problem..all the good ones are busy. Talk to any of the reputable builders in the area, good labor is in short supply. 

Secondly the traffic congestion at  Lakeside and the majority of the  vehicles are not beat up old bangers.

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