Congratulations to Mexico on the biggest year ever for remittances from its northern colony:

Last year was most likely a record year for remittances to Mexico, with more than US $59 billion flowing into the country in the first 11 months of 2024. …

The vast majority of remittances to Mexico are sent from the United States, where millions of Mexicans live and work. In 2023, 96% of remittances to Mexico came from the United States, “the majority from California and Texas,” according to the bank BBVA. Some of the money is the proceeds of drug trafficking, according to a 2023 report by a Mexican think tank.

Here’s our thanks:

Had enough yet?

On a tip from WDS 2.0.