South of the Bailout
I was watching a segment on the evening news the other night -- one of the "Big Three," don't ask me which one, 'cuz they're all starting to look alike by now -- which was devoted to the growing number of aging American "baby boomers" seeking more affordable retirement and assisted living facilities in... Mexico. There have already been a boatload of building starts for vacation condos along the Pacific Coast there, catering specifically to a lucrative American market. I was thinking about those trends while watching this segment from "Glenn Beck" on the Fox News Channel.
What are we to make of this? Would this trend give Mexico leverage for an eventual bailout from "El Norte"? Discuss.