Beards
The article critiques the weakening of the Mexican state in the face of internal and external threats, highlighting issues in governance, public services, and fiscal irresponsibility.
The article titled 'Beards' discusses the increasing weakness of the Mexican state against various threats, both internal and external, which has been particularly evident over the past seven years. It emphasizes that although Mexico has never had a strong and modern state, the degradation in governance has reached critical levels as institutional foundations built over 25 years of democracy have been eroded. Public management, especially in vital sectors such as health, education, and infrastructure, has almost completely collapsed, exacerbated by the military's involvement in business activities while fostering relations with criminals. Furthermore, it points out that public finances have been mortgaged in an attempt to secure political victories for the upcoming elections in 2024.
Despite the government's attempts to showcase marginal economic growth, the article reveals that half of this growth is derived from creative accounting practices employed by Pemex. This manipulation not only distorts macroeconomic figures but also threatens the company with regulatory scrutiny from the SEC in the United States. The article ultimately underscores the dire consequences of these developments, particularly criticizing the government's focus on electoral reforms that serve only the interests of specific political figures, like Ms. Sheinbaum, rather than addressing the pressing needs of the nation as a whole.