Is Mexico a third-world country or not? Does it have the world's most billionaires? Why the huge contrast?
Is is officially a third-world country or not?
I have also heard that Mexico is the country with the world's most billionaires. Is that true?
And if Mexico is indeed a third-world country, then how could it have the world's most billionaires as well?
Answer:
The adjective 3rd World Country does not apply to Mexico anymore, according to mexican scholars, a more appropiate title is "developing country" (kinda like from third to develope country, sort of second world...)
According to FORBEs the richest person in the world is not Bill Gates anymore, but a mexican called Carlos Slim, he is very very rich, but at expense of mexicans, his most profitable business it's the Mexican Telephone Company/Monopoly TELMEX, the only phone company in the whole mexico (there are also some other small ones but they all serve to TELMEX since the company owns all the phone lines in mexico, this companies just rent them from it).
The breach between poor and rich is growing each day, first due to lack of sexual and overall education in some of th most marginated groups, bad political/corporative practices were the only thing that matters is money for some and the lack of interest of some (most) of the people to improve (finding help for themost insignificant dutties some times is a big empress!)
It is not a third world country and it might have the billionaries living there but it is so corrupted that people dont help people
because of corruption.
It is definitely a 3rd world country. You have to go south a ways, stay away from tourist traps, and then you will see the grinding poverty of the people.
One major reason is the corruption of public officials. It has been an accepted practice to buy of the police, the building department etc for so long that if you do not have the capital to do it with, you will not thrive for long.
You and me who are average joe's with average jobs are forced into hovels and shanties because we have a decent income, but we can not pay the usury that the officials demand so I can build a house, start a business, or do anything that a free market economy "should" allow me to do.
The billionaires are that way because they are so well connected. They have politicians in their pockets to the point that they influence public policy, and of course it is always to their favor.
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