Wonder what would happen?

[Jolly]

If most of that money stayed in the USA?

https://www.csis.org/analysis/understanding-impact-remittances-mexicos-economy-and-safeguarding-their-future-impact

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[Jolly]

Brings up another question... As a general rule, Mexico, Central America and South America do not have countries as prosperous as the U.S. and Canada.

Why?

[taiwan_girl]

@Jolly said in Wonder what would happen?:

if most of that money stayed in the USA?

Mexico would become even poorer and more people from there would want to migrate to the US. LOL

@Jolly said in Wonder what would happen?:

As a general rule, Mexico, Central America and South America do not have countries as prosperous as the U.S. and Canada.

Why?

My theory is that the colder the climate, the more people had to "innovate" and had to work harder to survive.

[jon-nyc]

I still like Weber’s analysis after all these years.

[Copper]

We have Mr. Trump.

[taiwan_girl]

@jon-nyc said in Wonder what would happen?:

I still like Weber’s analysis after all these years.

Is this "Weber Theory of Industrial Location"?

Basically, the theory of industrial location tries to arrive at a location of least cost for industrial operations.

Weber used some economic and spatial parameters which determine the cost of products e.g. transport cost, labor cost, agglomeration effect etc.

According to Weber, transport cost is an overarching factor in determining the market price of a product. Hence, the location with least transport cost is the optimum location.

[jon-nyc]

Max, not Alfred. Protestant work ethic.

[taiwan_girl]

@jon-nyc Thanks. I will look him up.