IMF Says Mexico has overcome Global Economic Crisis

I always talk about how the Mexican economy has come back quite quickly from the global economic recession. It turns out that while many countries are still struggling with the greatest financial crisis since The Great Depression, the International Monetary Fund (IMF) has proclaimed that Mexico's economy has overcome the global economic crisis and returned to pre-crisis levels, stating that, "inflation has remained benign." At the end of a meeting with Mexican officials, the IMF stated that "After a sharp contraction in 2009, growth in Mexico picked up strongly in 2010, reaching 5.4 percent. Robust growth has brought output back to pre-crisis levels, with manufacturing exports leading the recovery and the rebound in domestic demand helping sustain the momentum." Good news for Mexico and the U.S. Click here to find out why.