Saturday, September 5, 2009

Economic Crisis Hits Oaxaca

World Capitalist Economic and Financial Hits Oaxaca

by Mike Tolochko

The world capitalist financial and economic crisis has really hit the million population southern Mexican town of Oaxaca.

All retailers are reporting, and it is very visible in the streets, that the down turn in tourists and busienss from tourists which is central to this town, is worse since both:

The time following the year 2001 Crisis

and

The time following the 6 months of uprising that took place in Oaxaca in the year 2006.

Anticipated cutbacks on government programs such as the public schools, santitatoin and the public health services are beginning to take effect.

People are clearly girding for upcoming period.

The words of 63rd UN General Assembly President Miguel D'Escoto are ringing clearer and clearer.

There won´t be any solution to this crisis with just the G8 and G20,

IT MUST INCLUDE THE G192, ALL OF THE NATIONS OF WORLD.

THE UPCOMING PITTSBURGH, PA G20 SESSIONS ARE CRUCIAL. THE G192 EXPERT PANEL MUST BE IN THE MIX WITH THE G20 IN REPRESENING ALL NATOINS INTERESTS.

Stay tuned.