“The greatest danger to Mexico in 2025 is a large downgrade in its credit rating,” notes the Baker Institute for Public Policy.
“Private investment is expected to decrease, and public investment is also likely to shrink in 2025. The peso will continue to slide downward over 2025 due to capital flight,” the institute adds. And, of course, drug cartels not paying their fair share of taxes.
But what if banks jumped in and tried to help, lowering or even eliminating the budget deficit and inflation and bolstering the peso. I’ve always been impressed with the utopian mission of financial efficiency aimed at a better customer experience in the mold of the customer-friendly Walmart retail model, pairing both retail and bank cultures:
First. Instead of the cold greeting of a teller who just broke up with her boyfriend, there would be a name-and-photo-tagged greeter at the door with a glad-to-be-of-service smile and usher you up to a teller through the uncertainties of “who’s next,” so you don’t find yourself sitting with someone trying to sell you investments in a Lakeside subway system.
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