Mexico

http://climateerinvest.blogspot.com/2008/02/billionaire-carlos-slim-calls-for.html

http://www.economist.com/countries/Mexico/

After a very interesting discussion with some about what Carlos Slim is doing and saying, I went back and looked for english translation of his 2008 moves. While not very open about what he is doing, it is somewhat clear that he is proposing huge infrastructure. The main question is why? In short Jobs. Without massive job dislocation occuring he wants to try to protect his companies which need the consumer to have money for phones for example. He knows the economy is in trouble. The only question now is how bad will it be and can the government create enough projects to keep unemployment under control.