Tuesday, June 20, 2006

economic precariousness

What has amazed me is the closeness of coverage of the election in the international financial news, such as Bloomberg.

http://www.bloomberg.com/apps/news?pid=10000086&sid=ayoMyHNYcrFI&refer=latin_america

The portent of a falling peso, decreased bond values, and eventual inflation are linked (at least in the minds of the international financial community) to the possible election of AMLO.

If he is not as bad as that community fears, AMLO has a great deal of convincing still left to do.

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