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Diver
Ultra Nomad
Posts: 4729
Registered: 11-15-2004
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No Poverty in Baja ???
I wonder what they use as a criteria for "poverty" ??
MEXICO CITY – Poverty affects nearly half of Mexico's population, but levels vary significantly throughout the country, reaching their highest in the
southeast, officials said Wednesday.
The southern state of Chiapas, with a 75.7 percent poverty rate, is Mexico's poorest, while the northern border state of Baja California has the
lowest poverty, at 9.2 percent, according to The National Council for the Evaluation of Social Development Policy.The council released data in the
form of maps that, for the first time, pinpointed poverty rates at the local and statewide level in the country's 31 states and the capital, Mexico
City.
According to the maps, which the council based on national poverty figures in 2005, the poorest states after Chiapas are Guerrero, Oaxaca and Tabasco.
All three are in the south and have poverty rates of at least 59 percent.
The least impoverished states, besides Baja California, are Baja California Sur and the northeastern state of Nuevo Leon, with respective poverty
rates of 27.5 percent and 23.5 percent. Mexico city places third with 31.8 percent.
In 2005, poverty affected nearly 45 million people in Mexico, or about 47 percent of its population. Of that number, 18.2 percent live in conditions
of “extreme poverty,” described as being too poor to even feed one's family.
“Mexico is a country of great contrasts. ... The inequality is embarrassing,” council representative Juan Angel Rivera said.
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bajamigo
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In a country where the minimum wage is something less than $5 per day, poverty must truly be something to behold.
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DENNIS
Platinum Nomad
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It's a plaintive cry for socialism. This is what caused Mexico's 20th century revolution. It couldn't happen again because most of the guns belong
to the military. The other guns belong to the cartels who support the military when they support them, which is often.
So, the only answer left is to arm one side or the other, or both, and let them have at it.
Then, big-bomb the winner.
Just like the middle east.
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Bajafun777
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Mood: Enjoying Life with Wife In Mexico, Easy on The Easy
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Mexico is connecting with China in hopes of bringing their new found monies to build more factories in Mexico to bring more jobs. The bad thing is
that the worker will see little in the way of increased pay levels to help lift them out of poverty. Education is the key to bringing Mexico up and
out of this tireless circle that drowns its people. Corruption is the thing that keeps pulling them down in the deep holes that never seem to have a
means to get out. It seems like the more that some of the people that made enough monies in the U.S.A. return and challenge these problems maybe they
will have some oppurtunies to start changing their poverty levels, maybe just maybe. bajafun777
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DENNIS
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Oh yeah.....I forgot
You can't have socialism without a tax base.
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Mango
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There is indeed poverty in Baja Norte and Sur; but, I'd also guess the populations are lower than almost any other Mexican state.
While I would agree that there are many poor people in Baja. There are far more poor people in the mainland. In Mexicali, I've noticed that not many
people ride the buses. So many people own cars and seem to be pretty well off.
I've traveled through almost every state in Mexico at one time or another and my perception is that there are far more poor people in the southern
regions. You can also tell the area is poor, not merely by perception; but, because things like food, hotels, etc. tend to cost much less in the
southern states.
Many people still use the barter system in poorer areas. They tend to be able to put food on the table and a roof ever their heads. In many cases
they don't really need money to exist as they do, as they essentially live off the land.. which is much easier to do in the forest/jungle than it is
in the desert.
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bajajudy
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I think I read that Slim generated 8% of the gnp(different initials in Mexico).
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DENNIS
Platinum Nomad
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Mango.....
Great foto. Calendar quality.
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DENNIS
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| Quote: | Originally posted by bajajudy
I think I read that Slim generated 8% of the gnp(different initials in Mexico). |
I read that his GNP was as much or more than Paraguay.
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amir
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| Quote: | Originally posted by DENNIS
... This is what caused Mexico's 20th century revolution. It couldn't happen again because most of the guns belong to the military ...
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Maybe there can be a revolution without guns.
Dennis, you think of something...
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DENNIS
Platinum Nomad
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OK Amir .....
I'm thinking- broken bones. Can you help there?
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Paula
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Where was your picture taken, Mango?
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BAJACAT
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The funny thing is, that the world riches Man lives in Mexico,and he is Mexican.How can people live on $5 a day.And then we ask why do they
imigrated to The USA.There is your answer..Baja might be poor,but it's rich in some many other ways...
BAJA IS WHAT YOU WANTED TO BE, FUN,DANGEROUS,INCREDIBLE, REMOTE, EXOTIC..JUST GO AND HAVE FUN.....
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DENNIS
Platinum Nomad
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Well said, BAJACAT
Thanks
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bajamigo
Super Nomad
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The dinero does not move fast enough.
| Quote: | Originally posted by bajajudy
I think I read that Slim generated 8% of the gnp(different initials in Mexico). |
And therein lies the problem. Slim and his gato gordo friends absorb a disproportionate share of earnings in this country, but either don't understand
or don't care about the concept of the velocity of money.
For example, during a year, a particular $10 bill might have been used as follows: a baker, Juan, pays the $10 to a tomato farmer, Jorge. The tomato
farmer uses the $10 bill to buy potatoes from Chuy, who uses the $10 bill to buy sugar from Tomas. The $10 here served in three transactions. This
means that the $10 bill was used three times during the year; its velocity is therefore 3.
In short, a $10 bill, circulating with a velocity of "3," financed $30 worth of transactions in that year. In Mexico, the velocity of money in recent
years has approached MINUS .5
These guys sit on on their dough or park it in Switzerland or the Caymans, and they probably even stuff their mattresses with it. And they sure as
hell don't give it away.
Thus, everyone down the food chain never sees the money, and poverty results. In the meantime, their compadres are up in the States creating enough
value to send money home. Good for the folks in the short run, but whatever value they're creating up north is in a country that isn't Mexico.
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Don Alley
Super Nomad
Posts: 1997
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Mexico needs investment to create economic activity to create incomes.
Now I have a little money to invest. Yet all Mexico seems to want from me, in terms of investment, is to buy property and build on it. Then maybe hire
a maid and buy a few groceries and trinkets, and go out to dinner. Any real BUSINESS investment, well, red tape, work restrictions, prohibitive duties
and broker fees at the border...forget it. And I doubt if the overall investment climate is attractive to Carlos Slim either.
They had better figure out that pumping crude and developing scenic coastlines and netting everything that swims in the seas cannot last forever. If
Mexico doesn't stop strip mining its assets these will be the "good old days" and we'll see poverty far beyond what there is today.
And I wish Carlos Slim's people would fix my dammed home phone so I can call cell phone #s. Why is it the richest guys in the world produce such
crap?
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Cypress
Elite Nomad
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Mango, Neat picture. Thanks. That property would be worth a small fortune down in Baja.
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toneart
Ultra Nomad
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| Quote: | Originally posted by bajamigo
| Quote: | Originally posted by bajajudy
I think I read that Slim generated 8% of the gnp(different initials in Mexico). |
And therein lies the problem. Slim and his gato gordo friends absorb a disproportionate share of earnings in this country, but either don't understand
or don't care about the concept of the velocity of money.
For example, during a year, a particular $10 bill might have been used as follows: a baker, Juan, pays the $10 to a tomato farmer, Jorge. The tomato
farmer uses the $10 bill to buy potatoes from Chuy, who uses the $10 bill to buy sugar from Tomas. The $10 here served in three transactions. This
means that the $10 bill was used three times during the year; its velocity is therefore 3.
In short, a $10 bill, circulating with a velocity of "3," financed $30 worth of transactions in that year. In Mexico, the velocity of money in recent
years has approached MINUS .5
These guys sit on on their dough or park it in Switzerland or the Caymans, and they probably even stuff their mattresses with it. And they sure as
hell don't give it away.
Thus, everyone down the food chain never sees the money, and poverty results. In the meantime, their compadres are up in the States creating enough
value to send money home. Good for the folks in the short run, but whatever value they're creating up north is in a country that isn't Mexico.
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That's all too pedantic for me. (I was an English major).  I don't do
numbers well. I just want the money to walk directly from Carlos Slim to my pocket. 
Mango,
Where was that photo taken? It is really a good photo. I want to live there in poverty.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
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| Quote: | Originally posted by Don Alley
Why is it the richest guys in the world produce such crap?
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Because he has no competition.
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bajamigo
Super Nomad
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Location: Punta Banda, BC
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| Quote: | Originally posted by Don Alley
Any real BUSINESS investment, well, red tape, work restrictions, prohibitive duties and broker fees at the border...forget it.
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Google this company: Fomento Economico Mexicano, S.A.B. De C.V. It's traded on the NYSE and has treated me very well over the years.
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