Troubled Mexico

Archive Report

Economic Aftershocks

Earthquake's Political, Financial Impact

The Sympathy of the world went out to Mexico when a massive earthquake leveled clusters of buildings in its populous capital, killing possibly as many as 10,000 people and leaving more than 100,000 homeless. Mexico's trauma and grief were palpable as rescue workers frantically searched for victims in the rubble of buildings that were shattered by the quake. But the grim salvage effort was only a foretaste of the difficult times that lie ahead. Beset by an enormous foreign debt, a stagnant economy and rising political and social discontent, Mexico will need a continued outpouring of support and assistance for years if it is to regain its former position as Latin America's most politically stable and economically powerful nation.

Long after ...

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