Sunday, March 18, 2012

Mexico’s middle class is becoming its majority

The Washington Post reports:
A wary but tenacious middle class is fast becoming the majority in Mexico, breaking down the rich-poor divide in a profound demographic transformation that has far-reaching implications here and in the United States.

Although many Mexicans and their neighbors to the north still imagine a country of downtrodden masses dominated by a wealthy elite, the swelling ranks of the middle class are crowding new Wal-Marts, driving Nissan sedans and maxing out their Banamex credit cards.
An article well worth your time.