A slew of reasons. But one stands out, and it’s not the price of oil.
Gasoline theft is the second most profitable activity for Mexico’s crime gangs.
Mexico’s ATM is stewing in a toxic mix.
Mexico could face its worst fiscal and financial crisis in decades.
Big-oil bailout by taxpayers already under way.
No one is immune to the crippling effects of a crumbling currency.
Feeding a New Round of Plunder at Pemex.
Nightmare is coming true.
Proud sugar daddy becomes giant financial sinkhole.
But is Pemex too big to save for Mexico?