Date: June 8th, 2007

Capital’s underground river: Mexican remittances

8 June, 2007 (09:51) | Capital markets, Markets, Poverty, Remittances, Subprime, World markets, World news |

Even as an enormous underground river of people flows south to north across the American continent — the vast human tide of illegal immigration from Mexico –

Flowing north across the Rio Grande

it is counterbalanced almost perfectly by another vast underground river flowing north to south: a flow of capital, in remittances from workers [...]