Saturday, November 29, 2008

Back to the roots

From the Economist, an indication that the large exodus of migrants from "core" countries has already started:

Latinos are among the hardest hit by the economic downturn in America. The unemployment rate among all Hispanics rose to 8.8% in October, according to government figures, well above the national unemployment rate of 6.5%. It is expected to be worse still for Hispanic immigrants, whose unemployment rate already stood at 7.5% in the first quarter of this year; though their numbers are declining fast. The Mexican government said last week that the number of its citizens who left to live abroad this year was down more than 40% compared with 2006, and America’s Border Patrol says it caught 18% fewer people in the fiscal year that ended in September than in the one before.


A similar phenomenon is happening in Europe where a lot of Eastern Europeans have, for example, started moving out of places like England and Spain. If history has any lessons to offer, these people will go back to their countries and stir up politics there.

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