Economics

Why do Mexicans get so worked up about their oil? – The Economist

Why do Mexicans get so worked up about their oil? (via The Economist)

“EL PETROLEO es nuestro!” (“The oil is ours!”). This cry, which rang out in the streets when President Lázaro Cárdenas nationalised the oil industry in 1938, still resonates in Mexico. Bizarrely, it is used as a slogan both by the government, which…

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