Roughly .07% of GDP assuming no change in Mexico's GDP over the next 20 years.
Taking on that much extra debt would destroy the Mexican economy, it would shrink on a yearly bases. The percentage would go up every year.
Roughly .07% of GDP assuming no change in Mexico's GDP over the next 20 years.
Roughly .07% of GDP assuming no change in Mexico's GDP over the next 20 years.
And it's likely to go up- meaning they can certainly afford it.
The ENTIRE Mexican Government only has a tax revenue of about 3 Billion....
And Trump is asking them to pay 14 Billion for a project that adds 0 to the Mexican economy?
No, if they take on a debt that is 5 times their yearly tax revenue, the economy will shrink, not grow...
Moving the goal posts and can't even admit your math was way way wrong. GFY
Taking on that much extra debt would destroy the Mexican economy, it would shrink on a yearly bases. The percentage would go up every year.
Right the math works out.....
14 BILLION out of a TRILLION is what percent?
"Who gives a fuck about the President of Mexico?" TD #48
a) Every Mexican that cares about his own welfare.
Just as in the U.S. where President Trump's success means the success of all U.S. citizens, in Mexico the success of the president of Mexico is to the benefit of all citizens of Mexico.
b) Mexico has been both ally and trading partner for many years.
If Mexico crashes and burns, it's not going to greatly benefit the United States of America.
"United we stand. Divided we fall."
$100 Billion would be 10%, so $14 Billion is closer to 1.5% of GDP.
id expect there to be chaos if mexico crashes and burns. Good thing theres a wall![]()
The cost of the wall is roughly 11% of Mexico's GDP.
Who thinks Mexico would be in a position to pay 11% of their GDP for the wall?
Do you not see that if Mexico crashes, wall or no wall, it would be bad for the Untied States?