Mexico’s Peña Nieto has luck on his side – Andres Oppenheimer – MiamiHerald.com
New Mexican President Enrique Peña Nieto will have a big advantage over his two most recent predecessors — he’s lucky.Consider some of the things that work in Mexico’s favor:• After its worst economic crisis in recent memory, the U.S. economy is likely to grow slowly but steadily over the next two years, and — if the U.S. Congress gets its act together and cuts the deficit — could increase by more than 3 percent by 2014, according to most economic forecasts. That will be a boon to Mexico, which relies on the U.S. market for 82 percent of its exports.• Growing...
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