Tag Archives: technical recession

Mexican Economy Registers Technical Recession in 2021

By THE PULSE NEWS MEXICO STAFF For the third straight year — all under the watch of leftist President Andrés Manuel López Obrador (AMLO) — Mexico’s economy contracted in 2021, representing a second technical recession. According to the government’s own data, provided on Monday, Jan. 31, by the National Institute of Statistics and Geography (Inegi), the country’s economy contracted for

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AMLO’s Economic Thimblerig

By THÉRÈSE MARGOLIS In yet another of his baffling political sleights of hand, Mexican President Andrés Manuel López Obrador (AMLO) on Wednesday, July 31, somehow managed to convince his adoring hordes of blind followers that a 0.1 percent growth rate for the second quarter of 2019 – which, in fact, confirmed that the country is in a state of economic

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