MEXICO: The Neighbor That Chose to Ignore the Global Order (Series)

Paper 2 of 3 English version

A NOTE ON MONETARY SCALE

This document uses the U.S. monetary convention: $1 billion = 1,000 million = one thousand million. $1 trillion = 1,000 billion = one million million. In Spanish, a “billón” equals a U.S. trillion — not a U.S. billion. All amounts in U.S. dollars unless stated otherwise.

Mexico did not change because it did not have to. And those who controlled the power made sure it never would.