Saturday, April 15, 2023

Mexico

As the US moves toward onshoring the southwest will be the first area to see increased economic activity since they are close to Mexico and the vast farming of California. Wages in Mexico at $5 per hour are now less than similar jobs in China. The big problem will be water. Israel uses reverse osmosis to desalt sea water and this is one solution. Another is a small thorium reactor to desalt. Trade with Mexico has been increasing for many years and last year was a record high of $780 billion. Mexico has a working age population of 90 million and growing.

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