Sitt: Mexican Culture Has Gone Global

Joseph Sitt, Thor Equities Founder & Chairman, takes us through investment opportunities in Mexico. He explains how Mexico is becoming the answer to some of the United States' economic problems.
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[@emmyeh]

Respectfully, Mexico is your neighbor, not your backyard. Thank you for the recognition of the hard work, Hospitality and rich culture of your neighbors.

[@sabinoluevano7447]

Well... what can I tell you. That's how traditional politicians have seen Mexico since neoliberals sold it out: as a simple swept shop of endless cheap labor.

[@fannylove1510]

Truth!

[@markythelarky6948]

You took the words right out of my mouth. I was about to say that. Calling México the US' "backyard" has always been code for saying it is a place ripe for exploitation by US interests. For Mexicans out there thinking this man is in some way complimenting your country, he's not. What he is saying is that your country is a good place to make money. He has no real interest in Mexico or its people. This is plainly evident in his disparaging of AMLO. When he says AMLO heard but didn't listen he meant to say, AMLO put the Mexican people ahead of policies that would have made him and his investors a lot of money.

[@walterrojas2761]

A major ‘minor’ detail.

[@spacetimegeezy]

That just means very close..

[@alfredomontesinos5221]

Mr. Sitt, after watching your interview I want to clarify that Mexico is no other country's backyard.

[@NoemiPerez7275]

You can't eat "patria"

[@yurivillasenor7031]

The USA needs to stop seeing us as “Their backyard”. We can totally stand by ourselves.

[@juanvazquez5813]

​@NoemiPerez7275 you "can't eat patria" but if you lost your identity from your country you're nothing for people coming to make business to your country but just like a tool and not a person

[@fernandadanielaortizcastil7446]

​@@NoemiPerez7275When you have no dignity, no self respect and you are rootless that's understandable, all of you just bend down waiting for others to take you form the back. Real Mexicans don't do that, only the apatrides does, like yourself

[@TheBest-yz6mq]

Follow the daily morning script. And of course... KEEP DREAMING.

[@doingtime20]

Little known fact: Mexico graduates a huge number of engineers each year. Also Mexico is one of the top producers of electronics and cars in the world.

[@CarCal0216]

Mexico graduates more Engineers than the US.

[@akshaysharma3809]

​@@CarCal0216 even india graduates more engineers than both of them combined (1.5 million😂).. Quantity doesnt mean quality ..tens of thousands of indian engineers are jobless and desperate..american engineers built google,amazon, meta etc not mexican nor indian Quality>>>quantity

[@raulsanchez7451]

​@@akshaysharma3809Hopefully those engineers can find a solution for your homeless problems😂😂😂

[@civisjon]

Universities on every corner, degrees that you complete in a few years, mediocre academic quality, government programs to finish high school and university in a single exam, the many tricks that Mexico uses to show itself to the world as a country of graduates, although in reality, it is a country of ignorant people with universities that are mostly mediocre and of very low quality. The deluded and ignorant could only think of comparing the countries.@@akshaysharma3809

[@civisjon]

Universities on every corner, degrees that you complete in a few years, mediocre academic quality, government programs to finish high school and university in a single exam, the many tricks that Mexico uses to show itself to the world as a country of graduates, although in In reality, it is a country of ignorant people with universities that are mostly mediocre and of very low quality. The deluded and ignorant could only think of comparing the countries.@@CarCal0216

[@fps6612]

My respect to all mexicans, they are strong minded - hard working people. And also their hospitality in Mexico is remarkable.

[@europoamerico7605]

He is right about Amlo not listening to corporation and businesses wanting people's tax money for them to "invest". Amlo is the reason he is doing business in Mexico.Amlo's monetary and financial policies are the right ones. Mexican peso is stronger than ever and GDP/PiB is growing every year since his governing term started.

[@joelewishenry7886]

@@europoamerico7605Thruth.

[@saigon68foxtrot83]

Too bad your advice is not adhered to y stupid wanna-be president losers republicans. If there is a war with Mexico-Russia-China, it will be their the USA's fault. The American people around the world will suffer as they are suffering in their country now now. No country likes US citizens in their country.

[@saigon68foxtrot83]

@@europoamerico7605 In the USA Republic, the top 1% is wealthier than the entire Middle Class in America. Look it up! Millions of USA citizens are without homes, medical care, proper education civil rights. Pregnant women are especially vulnerable and subject to death if they abort their child because the USA under the rule of republicans is NOT fit for children! More funds are allocated for wars and rumors of wars than for the needs of women and children in the USA.

[@steveburke7675]

I immigrated to Mexico in 2018. Why? Really nice ppl, culture, history, incredible climate and food....so much to see here. As for Mexican people...the hardest working ppl on the planet. Most Mexican's I know work a job plus a side gig or two.

[@shadowlesswarrior]

One thing that makes me feel proud of being Mexican in the US is our reputation of being hard working and for working our butts off to provide for our families. Ppl can call us many things but lazy is not one of them.

[@bryanalcantarfilms]

Amen. We are a caring, resourceful, loving people.

[@jerryvelasquez9080]

Ive made six figures for the last 8 years. I'm basically a one man army I work the hardest in my home and my mother still says I'm lazy. Gotta work harder

[@josephsextro]

​@@bryanalcantarfilmsyes sir you speak the truth.

[@javi.palacios]

Grandes Mexas.

[@Georgetellme]

Siiiii, GAD 🙏 Muy bien dicho somos trabajadores y humildes …..si señor bendito Dios 🇲🇽🇺🇸✅

[@luiscgil22]

I agree with most of the things he said. As a Mexican I know how our people stands out in the labor market here in the U.S. for their skills and sense of responsibility and effectiveness. However I don’t like listening to people referring to my country as a “backyard”. We aren’t ANYONES backyard, we are a sovereign country and we demand that respect.

[@PonchoSTI]

El que piensen que México es su patio trasero, deja muy claro cuáles son sus intenciones.

[@jaquettajones]

I am pretty sure he meant backyard as it is close in proximity to the US - it's a matter of speech.

[@adauco]

​@RG-lc6hc do you say the same for Canada? They are your backyard?

[@adauco]

I have never heard any US politician or news to mention canada as that, just as neighbor, but I will pay attention to that. @@RG-lc6hc

[@jrico540]

​@@RG-lc6hcjust a figure of speech until you find out about the Monroe doctrine and the CIA coup ops in Latin America. Respecting others sovereignty is always the US's last option as it prefers to exploit like its ancestors the Brits.

[@MastaChafa]

How ignorant of him to reduce mexican culture to avocados, tequila and beer. Typical narrow-minded businessman.

[@myBquest]

Right? The shift has been bigger than that. Movies like "Coco" put mexican culture on the map for many countries that didn't know much about it. Also, music is crossing borders right now. And I would bet that cinema could do that too, if only film companies in Mexico would put their money on good projects instead of dry comedies.

[@StPeeper]

If you look at it from the perspective of what mexico leads over other countries in exports he's pretty much right.

[@skeetpete6116]

I didn't read it that way. He was simply referring to how Mexican culture is spreading around the world. For now, this is what most people outside north America think of. Like he said, it's like Japan and Sushi 40 years ago.

[@angelhernandez1438]

He just listed some examples

[@destinationmax]

We that actually live in Mexico realize that Mezcal is sooo much better than tequila ❤

[@piticfilms]

Miren güeros, Mexico is not just a business, it is a beautiful land with beautiful people with a real SOUL, unlike 'The Land of the Free... Market' where even your mother is for sale if the price is right. Don't think you can treat Mexico like your backyard or just another chart on wall street, you'll have another thing coming. RESPECT the Mexicans, their well being and be good neighbors.

[@BigChapDidNothingWrong]

El NAFTA los a convertido en sujetos. Lo que quieren es un colonismo 2.0. Pero la culpa es de los politicos mexicanos por seguir con poliza criolla de vender el pais.

[@migspeculates]

Likewise to you for Central America 😂

[@luispenaloza1602]

Vato seguido secuestran a las mamás en México por un buen precio

[@joepettis1301]

If only Mexico's own government would think and do as you say on your comment, that would put Mexico on top globally pero son una bola de ratas 🐀 El PRI, PAN, y los descendants de españa. Pero k se yo verdad

[@eiodintotalistli8448]

Yo a este pendejo no lo quisiera como vecino. 😊

[@wolfpackclan6897]

México is not on the somebody’s backyard

[@pbjsilverstudio4882]

“Labor is cheaper”. It won’t stay that way as Mexico is, rightfully, raising the minimum wage annually. Good for Mexicans! It increases by 20% in the coming year! 🎉

[@oliviaortiz5157]

😂😂❤❤ that's right 😁😁😁

[@Allaiya.]

Which means eventually investment will go to Southeast Asia or South America.

[@moctezumaaleg2008]

Well yeah your right but even then a big factor still for companys has easy access to both sides of coast and Mexico is one of the Countrys with the most amount of free trade agreements and trade agreements so makes it easier and cheaper for companys to import or export materials from Mexico.

[@zytrik1]

Yeah but it still is cheaper than in China on average. 🤷‍♂️

[@sophia.lb95]

Not many people make minimum

[@carlosguillermopalafoxalat4514]

"It is in our backyard" That tells a lot

[@lorenam8028]

Translation: we can do whatever we want. Ass**** gringo...

[@info781]

The USA is Mexico's backyard as well.

[@oliviaortiz5157]

This man is one of the Ex-presidents corrupt business partners ‼️‼️ that's why he's mind set hasn't changed yet, but he knows, times have changed 🤨😡

[@Allaiya.]

It's a common turn of phrase meaning neighbor or close by. Canada is also in the USA's backyard. And USA is Mexico & Canada's backyard. It kind of amazes me how so many people in the comments are getting offended by it. This highlights the challenges companies will face in doing business in Mexico if something this simple is causing a stir.

[@carlosguillermopalafoxalat4514]

@@Allaiya. If you know a little of history, you will know why. Is not an empty Word, as I wrote, it tells a lot.

[@MidnightSunshine27]

My dad lives in a trailer community in México, he's mexican, since the pandemic lots of Americans moved there full time. Now he has to move cuz rents just sky rocketed there 😕. Americans say they can't afford to live in America, but now My dad can't afford to live there after Americans arrived. ☹️

[@info781]

People may be heading down to Guatemala.

[@airon9704]

Can relate:( gentrificación it is called

[@Aflordepiel1004]

Typical of “americans” they go and destroy anything they want because their country is too damn expensive 🤷🏻‍♂️

[@mauriciotrujillo3116]

It's affecting young people as we are not able to buy real state.

[@sbfhawk4343]

Always those dam Gringos F things up. Seriously. Well the solution is they are getting old so they wont be around to much longer buddy.

[@rubiferrer2419]

Labor cheaper than china 😢 that’s not great for Mexican workers, if investing in Mexico , offer good salaries please . Also no backyard, no no no😮

[@lequiq]

Be careful Mexico, it’s such a huge opportunity to decide what kind of country we want, a labor one with enormous inequality or a social one with equality for our people.

[@JohanSalvattore]

That's why it is important that the current government stays in command

[@kikuongaku2010]

If anyone can share a socialist country with “equality for our people”.

[@info781]

A rich country with inequality is better than a poor country with more equality. The poor people do better in a rich country.

[@angelito-kunyt2312]

​@@info781👏👏👏

[@irvingdelgado1731]

​Why don't you tell that to all the poor homeless​ Americans @@info781

[@jerryware1970]

If Mexico could dramatically reduce the violence then Mexico would become one of the wealthiest countries in the world.

[@Valhalla13375]

IF.......fucken LOL

[@aaroncontreras7576]

Defenetly Mexico has a bright future some Americans don’t see more than what there news outlets tell them. Of course Mexico has problems but also a bright future. I think that Mexico could become a top 5-10 economy’s of the world in some time. Now I don’t know how would the Americans feel about having another power next to them that’s another question for the future.

[@lexnergy]

Not only violence, corruption too

[@ettienelugos]

Same here,

[@miguelash886]

Unfortunately, violence derived from drug cartels is a big and complex problem that involves many people at different levels within and outside of the government and that affects people in both sides of the border. Not only do drugs represent a huge business for cartels but also arms trafficking benefits drug dealers and make them more dangerous.

[@alexanderpushkin3444]

Tequila, avocados and beer is just the very tip of the iceberg when it comes to Mexican Culture 😊

[@edgarrincon2526]

Yes, that minimize the real reason of fear from the US, we have the lithium, the technology, the scientist and endless creativity and talent to become one of the richest countries of the world

[@europoamerico7605]

He is right about Amlo not listening to corporation and businesses wanting people's tax money for them to "invest". Amlo is the reason he is doing business in Mexico.Amlo's monetary and financial policies are the right ones. Mexican peso is stronger than ever and GDP/PiB is growing every year since his governing term started.

[@info781]

Almo wants the military to build everything.

[@Ralphensteins]

Na we hate amlo

[@adelaalicea626]

cause he make everybody pay taxes not like before that only the working people or cause he dosent bow to the usa@@Ralphensteins

[@europoamerico7605]

Good one 👍

[@isaiahjr9259]

Just you virgin

[@victorlopez1872]

Not many outside mexico know the country is going through a massive transformation. Mexicos debt position is by far much better than that of the US. The current government has been investing heavily in infrastructure projects. The only thing the president has failed to deliver is fighting violence in the country. Hopefully the incoming president makes it a priority. Id say Mexicos future seems more exciting than Americas future. Yeah you heard me. Usa has its own share of crap to clean up. Yet, wish the best for both countries

[@aspen1606]

america's problems are disgustingly exaggerated but I think mexico's future is super bright, and better mexico is a much better ameirca.

[@ranchopuntacoyote]

That is a lie

[@danielsvillareal]

Tu sabes que la violencia, también depende mucho de USA y no solo de México,..

[@gtcool1155]

AMLO ALREADY BUILTED THE BASES FOR MEXICO NEXT PRESIDENT TO COMPLET THE JOB IN ALL CATEGORIES INCLUDING SECURITY.

[@swiggles4342]

​@@danielsvillarealEs verdad, existen documentos de la CIA (que incluso puedes encontrar en internet) que relatan sus fuerzas especiales en conjunto con carteles mexicanos, la verdad es que cuando uno se pone a investigar, es increíble lo que encuentra, por parte de nuestros gobiernos anteriores, y los Estados Unidos, nada es tan sencillo en este tipo de temas geopolíticos.

[@omaralexis6270]

Nothing like México, stand for deep family structure and warm welcome

[@manuelvillalba6168]

“We are still in the 2nd inning” That’s right. We still have time to show them how we play ball at Mexico City.

[@carefulconsumer8682]

This man is spot on. Mexico has a wonderful history and great educational institutions. Very good doctors and surgeons also. Sitt is brilliant and far sighted.

[@thecrazylooser7]

Greetings from Mexico! Where we work 12h per day, 6 days the week to survive 😅, but next year I will restart my personal development, find some time in my busy day to prepare for new stuff. The same is happening with others. Next years are going to be great.

[@moibe182]

Well, Sitt has a very personal opinion about AMLO, maybe because Sitt wants even more than he has already received. He complains but it’s because of AMLO that corruption levels decreased making the country a good investment. If Sitt thinks AMLO is not good enough is his opinion as a person only worried about getting more and more money. But I can tell for sure that for me, as a Mexican citizen, AMLO has been the best , and has gave me what I need and more than what I expected as a citizen of this country. Sorry for Sitt if he still wants even more and he is not happy which him. I totally disagree with his biased opinion.

[@gabycat7777]

This guy really just wants a Mexican president that can be manipulated for American interests. AMLO was not going to have that, and I hope Claudia will be like AMLO in dealing with the US. Viva AMLO…🤗

[@Jmg831]

Amlo is not good enough to him because amlo is not selling out to foreign investors and wants a deal that would benefit Mexico’s citizens instead of just foreign billionaires

[@ZuyinLuy]

As a Mexican too I can tell you that AMLO is a shame. Mexico is doing very well despite its inept president.

[@alfonsoreyes2865]

@@ZuyinLuy hahaha, you are probably one of the persons that can see the truth. AMLO is not perfect but much better that previous presidents.

[@SpadaFer]

as mexican you are not even in a real mexican status so shut up an behold the grown that real mexican develop @@ZuyinLuy

[@JorgePradoZavala]

An advantage that honest US citizens will always enjoy in México is that they will never be discriminated there in the same way their government do with Mexicans.

[@Allaiya.]

Really? I heard police ask for bribes in Mexico. Are the police not with the government?

[@josephjoshua8919]

I am Mexican American and I can tell you discrimination has been so hard on so many of us for so long but one never gets used to it. I love the USA but I hate that aspect of it, and Trump made things worse. I look forward to living in Mexico one day.

[@santiscorpius77]

We have a love/hate relationship. The U.S. and Mexico is a true economic marriage!

[@blinkasto182]

Yep, they sell us guns, we get insecurity. True representation of boomer's marriage!

[@gtcool1155]

MEXICO WITHOUT A DOUBT IS MAKING NORTH AMERICA FINANCIALLY STRONGER AND IT HAS TO BE THAT WAY IN ORDER TO COMPET AGAINST OTHER REGIONS AND YEA THE DOLLAR HAS A GREAT FUTURE.

[@evilwayz1464]

Mexico is growing thanks to USA. It helps being neighbors with the richest guy in the world. They always throw away goodies.

[@mexicanspartan882]

Let's be realistic the dollar has no future

[@maxferreti5923]

@@evilwayz1464u mean the USA has had relevance thanks to Mexico and its migrants , the amount of homes they make per year is impressive.

[@t.j6899]

@@evilwayz1464”throw away goodies”? You gotta be kidding me!! Minimizing the honest hard work, ingenuity, sacrifice and dedication of millions of Mexicanos inside AND out of Mexico must be very satisfying to you. Nothing has been for free for us and if you know history, the way Mexico obtained it’s independence is just a small example of the Mexican spirit.

[@evilwayz1464]

@@maxferreti5923 no. I mean Mexico has progressed thanks to USA. Mexico can't even feed it self. Funny you speak of Mexican migrants. Immigration of Mexicans to USA has been declining over a decade to numbered nearly net zero. At one point last decade there was more Mexicans going back to Mexico than coming to USA. Where are Mexicans going? To North Mexico where all the companies leaving China are relocating. Not cause of something Mexico did but because of the trade war USA vs China. Thanks to NAFTA now USMCA treaty, Mexico, has the privilege of perhaps becoming USAs factory 🏭. But all that can end by a single swipe of a pen on paper 📝 by an American president if Mexico or fools like you suddenly get a big head. Thank you USA is all you can say. China is replaceable and so is Mexico. Viva Mexico!!! But not for one second think Mexico is too important. Mexico is just another Central America. Only difference is Central America has less violence & Mexico has more American companies. As they say in Mexico... Colorrrrin Colorrrrado este cuentou se ha acabadou...

[@jorgeguzman6131]

He didn't say backyard disrespectfully. He just meant we're really close. Don't take everything so personally or literally. The guy is really and respectfully vested in Mexico

[@spidercadillac7139]

We want our states back ! Nevada ,New Mexico,, Arizona, Florida, California, Texas, Colorado, Utah,Oklahoma,part of Kansas city , Wyoming, part of Louisiana

[@pozoantonette]

8:15 Totally, I agree about it. AMLO is doing outstanding better work .

[@mauriciotrujillo3116]

Actually not, it is just perception

[@OutboundShane]

Mexico is not my backyard but my vecino (neighbor) that I love.

[@efemdesign]

Cálmate. Cant you see his demeanor? he is not trying to offend anyone and i didn't take it that way. He is heavily invested in Mexico. Chill. La gente por todo se quejan...shhh

[@Ozmni11]

Like all Americans he is there to exploit. I’m 45 years old and tequila has always been very popular among all people, except eastern yourapeen. It’s nice to keep United States in the United States and Mexico in Mexico. That is what makes us interesting. I don’t like going to a foreign country and feel like I’m at home. I see that is what you wanted to do. If you don’t like the places you stayed in then why go back? Stay home where you like it.

[@fabianromero3279]

Mexico has the opportunity and potential to finally become a developed country and improve life quality for its people, low labor cost is important but must not be the driver, nearshoring is pure gold, manufacturing skills in many fields and hardworking and amazing people is the key.

[@tahiti1]

Mexico IS developed!! Have you been to Mexico City!!

[@GodsChildrenOnEarth]

Mexico IS a DEVELOPED country! I am Mexican American and have traveled throughout Mexico and Europe as well as the US, and I can tell you first hand that Mexico IS a DEVELOPED country!

[@fabianromero3279]

I live in CDMX.

[@tahiti1]

@@fabianromero3279 so what is “undeveloped” in CDMX then, anymore than so many US cities ? I live in CDMX too.

[@fabianromero3279]

@@tahiti1 don’t take me wrong, I love Mexico, I live in Polanco and it is a beautiful location, city and country, unfortunately Chiapas, Oaxaca, Ecatepec and many other places do not have proper conditions to guarantee their people sufficient conditions to thrive, that’s why I think they need to be smart to capitalize the opportunities they have today.

[@mauroelias9068]

As a local national love to see more investment coming to our country 💪🏻🇲🇽👍🏽🌶🤙🏽

[@tomasacevedo3095]

Its nice but just remember Tejas. Its happeing again.

[@connectionhome.756]

Mexico is getting better every year. They have made a lot of progress in the last years. Good for them!

[@Cristinact]

So yes, he says Mexico's great but still calls it "a backyard". Ok...

[@juanmiguelreyesguerr]

I don’t care for pro-business. I vote for pro-people.

[@ellao.2433]

Mexico is in this golden opportunity because of their work ethic, respect for family and community, and their long history of traditions. Much respect is due to them and is a backyard to nobody.

[@visionenpresarial2569]

Mexico has the 2nd best rated president in the world....That should tell you a lot..

[@asdf-iq1ei]

Polanco is not a little street hahahaha

[@hectormanuelmoralescontrer2346]

Blessed to be Mexican and an a entrepreneur here in the best country in the face of the earth 🇺🇸

[@assassinleaked9356]

I came here from Mexico at 5 , now Im 23 & I'm an electrician working on 25 million dollar homes in az , I appreciate the opportunity of coming here & making the most out of it , I hope this inspires others to do the same.

[@amoryunidad]

I'm Colombian, so glad I'm not the only bothered about this guy calling Mexico a backyard. You I think is time for a shift in the semantics on how we treat each other.

[@MozDivision]

Visited Guadalajara recently. It's been wildly modernized in the last 10-15 years. Lots of new high rises and luxury shopping centers. Puerta de Hierro would not be out of place in Beverly Hills. That place is pristine and has every top brand (LV, Gucci, Prada, etc). You also have a lot of American restaurants and stores available. The main thing you'd miss moving there would be Prime 2 day shipping

[@katherinekelly6432]

Mexico has not experienced the same disintegration of the family unit that America has. Catholicism is still a strong influence. Solid families build successful individuals. In America the family is denigrated as is religion and the individual pays the price.

[@luiscgil22]

I agree with you, as a Mexican I could say family stills the center of society in majority of Mexicans, we respect our parents as if they were our gods, we protect our families while the US populations tends to be more individual over the years, affecting family relations and impacting in society leading to many of the consequences we are facing now.

[@antoniocledesma1446]

Roman catholicism is destroying Mexico

[@info781]

Why so much violence then?

[@katherinekelly6432]

@@info781 America's thirst for illegal drugs combined with poverty. American decadence combined with its wealth and military has destroyed many countries.

[@down-to-earth-mystery-school]

There are over 4000 different spiritual beliefs being practiced on Earth right now, Catholicism is only one. People with other beliefs also have strong family systems and morality, even gasp, atheists! So tired of religious superiority. Catholicism in Mexico is a result of Spanish and French colonizers forcing their religion on indigenous peoples, might be good to read your history!

[@doriamchavez5482]

Little known fact 85% of NASA Engineers are Mexican Nationals.

[@eduardoorozco3114]

Tampoco te mames, a de haber uno que otro. Tal vez un 2%... 85% no mames 😂😂😂😂

[@migspeculates]

Nmms

[@eyeofthetiger8167]

Great video, great people can’t wait to go back to Mexico.

[@curlyhairdudeify]

Latin America already changed the world without people even noticing it..... Chocolate, vanilla, tomatoes, corn, potatoes, etc...

[@yanginaslan]

Spanish Empire. Latinwhatever is a french invention. Spanish Empire, or the official name: The Catholic Monarchy.

[@migspeculates]

Lmao your land had the products but it was outsiders who exported these all over the world 😂

[@LuxVi7]

I only wish the mexican government would really have the balls to at least try to minimize the violence, this isn’t happening that prevents the country from achieving the great potential it has.

[@myBquest]

The thing is, the USA won't help. Last time I checked, at least 80% of the guns of the narcos, come from the USA. Why and how? Imagine how much money the USA gets from it. But yeah, I agree. Our presidents don't have the balls to go against the ONU, in order to protect the country.

[@Srt3D01-db-01]

Wish thw same thing to USA. If they could focus on trading and focus less on spreading war all over the world >.>

[@sebastianvillanueva9478]

Shut the f up, the CIA funded the cartels in the first place and your goverment sells the equipment to every narco in my country.

[@moreno-lh7ys]

what???? what did you just say????? your us goverment have balls to stop de mass shooting in your country???? the looting and we can go on an on stf

[@breal7277]

I was going to invest in RE in Europe but I reconsidering; Mexico may be better. I just have to find the right city.

[@mauroelias9068]

Look for QUERETARO. 2 hrs north of Mexico City.

[@robguevara7]

Southeast is growing a lot because of Tren Maya and the Interoceanic train, specifically in the industrial sector that this man is talking about.

[@moreno-lh7ys]

do not wait too long amigo south east mexico will be booming soon enough maya trasin mmand transtlantic istmo cargo train as a matter of fact all over mexico this goverment is been aproving lots of projects like my korean friend says in korea mexico is on fashion lots of koreans are moving to mexico HEy!!!! the good korea lol ha ha ha ha

[@armassilenciosasparaguerra1668]

Im from CDMX. Maybe we can talk. I sold pulque and mezcal.

[@mexusasingreat5611]

change your mentality we are not your back yard we are your #1 business partner from you to you we are an economic and cultural power we are proudly Mexican

[@carlossaulcastanedacastane1713]

Did he said: "is on our backyard"????????

[@mino3d1]

Yes,,,, how Stupid he is 😂😂😂

[@down-to-earth-mystery-school]

American superiority and racism, on full display!

[@anandazen30]

I will visit Mexico City I have this plan in my bucket list 🇲🇽

[@Aflordepiel1004]

No stay in your country they dont need more people attracting attention to other Americans and then moving there😒Go visit New York City I hear it’s really cheap.

[@anandazen30]

@@Aflordepiel1004 nope! I will go to Mexico . I’m pretty sure you’re not the president or work for immigration 😐🇲🇽 👋🏼

[@Aflordepiel1004]

@@anandazen30 of course you will you disgusting human 🤢

[@j_shelby_damnwird]

Erm, please don't

[@Aflordepiel1004]

@@anandazen30 you’re gonna go with your fat wallet with all this money to spend so you can try and get the cheapest deals and rip those poor people off.

[@pepe-jt2zi]

La arrogancia de los gringos no deja de sorprenderme, está presente hasta entre los que nos ven con buenos ojos.

[@rociomondragon8673]

Thank you for your point of view about Mexico. As a Mexican, it means a lot to me.😊

[@SpadaFer]

jajajjaaja pobre wey con baja autoestima

[@wrjazziel]

It's very nice to listen to this interview, regards from Mainz Germany a Mexican over here 🙋‍♂️

[@yongjunma7511]

These EV companies are Chinese firms in Mexico

[@qjtvaddict]

For now

[@SMMInterexpress]

IN THE SAME ORDER THEY ARE TAKING THAT SAME PLACE IN THE U.S. ...THAT IS HOW GREAT BOTH COUNTRIES ARE TODAY

[@oliviaortiz5157]

Not All, the lithium IS OURS‼️‼️ CAN'T DO EVS without it‼️

[@yongjunma7511]

true@@oliviaortiz5157

[@user-ep3sh6jw9s]

We are not your backyard.

[@SJ-lc3xz]

Love watching your videos. the insight is second to none….thank you Mr. Sitt

[@bojacksworldwideweb]

America has helped us alot achieve global success, thank you USA, viva Mejico!!!

[@VanillaEarth744]

*Mexico

[@bojacksworldwideweb]

@@VanillaEarth744 Im spelling it the way it was originally written afther independence from Spain.

[@daromacs]

this is the best euphemism to talk about gentrification, BS

[@alvinorojas-leon1348]

Viva México 🇲🇽

[@MissEAG]

Just looked up this guys company and it says they are heavily in debt...What Is THOR Industries's Debt? THOR Industries had debt of US$1.65b at the end of April 2023, a reduction from US$1.99b over a year. However, it does have US$353.2m in cash offsetting this, leading to net debt of about US$1.30b.

[@gachasis2704]

It's because of AMLO that investment in Mexico is great! He is a good listener but a better economist. He bet on eradicating corruption of investors, both foreign and domestic, and it paid off. AMLO had to clean up over 70 years of entitled foreign investors, and corrupt politicians.

[@pbjsilverstudio4882]

He listed avocados first. I wonder if he realizes that cartels have began getting in on the green gold of avocados and are taking over avocado grower’s farms. By force.

[@destinationmax]

Exactly!! I made my own comment about this. I’m sure he knows, and I’m scratching my head on that one.

[@pbjsilverstudio4882]

@@destinationmax so much of this is about taking economic advantage of Mexico. Yes, there are parts of Mexico that will benefit from this but the US looks to benefit the most. It makes me angry because I am sure that the U.S. will make demands that will benefit them the most even though it will bring economic to certain areas of Mexico, it’s just they will fight to not bring TOO MUCH benefit to Mexico and they won’t concern themselves with any of the problems they will create.

[@destinationmax]

@@pbjsilverstudio4882 I agree 💯%. USA has pushed out the middle class into poverty and now they want to do this everywhere else.

[@oliviaortiz5157]

Would anyone be surprised if these people has ties to the Mex CARTELS 🙄🤔🤨 just really look at his face and demeanor, I would bet on it‼️

[@destinationmax]

@@oliviaortiz5157 I was thinking it and you said it 👍🏻

[@arkitekdt]

He partnered with a local Mexico City Developer, with plenty of experience and more important, plenty of government connections, which helps a lot. Not quite sure if their real estate assets are doing that great, especially their retail assets. They've been getting part of their financing through Mexican pension funds, and from what I've seen in other markets outside Mexico City, I am really not that impressed with how they manage their whole operation. Case in point. They are finishing a large mixed-use project in Tijuana, and looks as though they are ready to open, but there are no major tenants signed up for their retail center, and they are betting for a very upscale market segment that may not be the best bet. I hope they are successful though.

[@sweetchavacano2]

Are you talking about Landmark?

[@AntonioMontana_7.5]

Where did you find this information? What’s the name of the Mexican developer? Sources ? 🙂

[@arkitekdt]

@@sweetchavacano2 Yes.

[@arkitekdt]

@@AntonioMontana_7.5 I was part of the original development team 15 years ago under another ownership group. The Mexican partner is Thor/Urbana or GFa Desarrollos. They are part of the Mexican Jewish Real Estate Development community that pretty much controls the majority of real estate assets throughout Mexico.

[@sweetchavacano2]

@@AntonioMontana_7.5 it is call thor urbana

[@joeyyy771]

This guy is 29 years late. Smart businesses been doing this years ago . Germany been investing in Mexico

[@danielzunigagutierrez6300]

Avocado, beer and tequila. His smile was priceless. 0:50

[@reyperrito8329]

USA is gona make the inflation go up in fact places where there’s more people from USA in Mexico housing price went up

[@info781]

Mexicans will start buying in Guatemala and Honduras.

[@JF-st4yl]

Wht f.c.k..? Right here in the " Back Yard" ?? . That's offensive...!

[@moiseshernandez1065]

Zbigniew Brzezinski said about Mexico, “We don’t want a Japan in our south border” he was afraid of the power of Mexico and all the mistreatment US is doing with our country, their own people told him that Mexico has a great culture, smart and hard working people that needed to be controlled to don’t be a danger ifor the USA’s interests, and other phrase “remember the alamo” is a warning to don’t allow Mexico to be a powerful country as they knew they stole mexican territory and !Mexico has totally the right to go for the territory again, that is why they even kill their citizens that has the idea of return territory to Mexico, right Abraham Lincoln? or who wanted to make Mexico a military power partner, right Kennedy?, so, Mexico just take care, because USA is not doing this because they want, it is because they needed, what USA prefer, China or Mexico? well, what is more convenient for USA?

[@user-nv2gt8sz6o]

mexico is in our backyard?

[@SMMInterexpress]

ONCE UPON A TIME ABOUT 175 YEARS AGO... For 15 million dollars, Mexico lost half of its territory, an uncountable number of human lives and an important part of its population.That territory today makes up the states of California, Nevada, Utah, New Mexico, Texas and parts of Arizona, Colorado, Wyoming, Oklahoma and Kansas. SO THAT IS THE MIDDLE YARD IN BETWEEN

[@adriangarcia7890]

Little street Masaryk at Polanco! Hahahahhahahah is one of the most expensive zones in Mexico City!!!

[@dsanchezc3]

Mexico finished the Maya train project in a year and it cost 15 billion. The U.S. takes 10 years to finish the same project at triple the cost.

[@montse3139]

It's not finished, what are you talking about?

[@jaimelopez899]

Thanks for understanding how Mexico is changing, sir, but please don't ever use the "backyard" word to explain where Mexico is situated, Probably you said it for pure explanation, but we don't like that we prefer "very close neighbor" or "very good friend"

[@lorenam8028]

You're being way too polite. This guy is obviously just an exploitative ass**** who said exactly what he meant.

[@down-to-earth-mystery-school]

He should have just stated, ‘a country I can exploit’, that would have been more honest.

[@user-ph9dk8fc3m]

I agree, they are great! Hoping to continue their ecological commitments.

[@madridmusic3948]

Where I can find the full interview?

[@187tolantongo]

VIVA MEXICO, VIVA AMERICA. GREETINGS FROM NYC

[@user-ph9dk8fc3m]

We debated here, at home these 2 women. Is SheIn sum..like Bloomberg or Daley, is Gálvez..a true Agricultural embracing exporter....these were the Vasquez of Albuquerque topics. Yes, to avocado ..yes to Cadillac.

[@victorarguelles9071]

I shared this interview because I think Sitt's perspective in general is of interest to businessmen, investors, and the executive community, but I want to make it clear that I do not share two opinions of Sitt, the first, Mexico is NOT the backyard of the USA, and second, Mr. Andrés Manuel Lopéz Obrador (AMLO), President of Mexico, is largely responsible for the success and business opportunities in Mexico

[@JaggerContreras-jv5qx]

Awesome ❤

[@rxvaque]

Comment about AMLO not being a listener is incorrect and he knows it. AMLO listens to the people of his country, which has led to a higher standard of living and in the process, to a stronger economy.

[@42fleetline68]

This American investors don't like AMLO because AMLO is no corrupt and looks out for the Mexican people...for our People. Mexico 🇲🇽 is beautiful and American people have been retire to Mexico for the last 20 years and pumping up Real estate prices in Mexico to the point that local Mexicans can't afford housing in their own towns. Mexico 🇲🇽 is no other country back yard Mexico 🇲🇽 is a beautiful country. VIVA LOPEZ OBRADOR... VIVA LA 4T.

[@Warrior_By_birth]

🤫🤫🤫🤫 DON’T TELL HONDURANS/SALVADORANS/NICARAGUANS they’ll get mad! They don’t like it when people like Mexico. 😂😂

[@migspeculates]

They could care less most likely

[@Warrior_By_birth]

@@migspeculates obviously you don’t know those bottom feeders.. or you might be know of them. Lol

[@apexpredator9489]

Mexico City was the first global city in the world, as it was the capital of the first global empire, which was Spain.

[@down-to-earth-mystery-school]

I think you may have missed the Persian empire, the Roman Empire and numerous others. But Spain was a dominant culture at the time, still a colonizer.

[@lucio.martinez]

My fellow Mexicans sent, $36.9 Billion Dollars in 2020, $56.9 billion dollars in remittance, yes billions, in 2022. (Wall Street Journal) The Sleeping Giant, México! 🇲🇽 Brace yourselves, we're about to take off.

[@pablocadena7164]

a lot of bull when talking bout the next president of mexico and amlo .. this guy did not paid taxes that’s how american companies became rich here they pay taxes but they don’t want to pay taxes outside of the US

[@raulsanchez7451]

For many years the government of Mexico was pro business always with low wages, Amlo is the first president pro his people the minimum wage went doble during Amlo president term.....AMLO is going to be remembered as the best president of Mexico.....Viva Amlo❤

[@ZuyinLuy]

Mexico is doing very well despite its inept president

[@changoviejo9575]

​​@@ZuyinLuysucker, you know nothing

[@shininio]

It´s true that AMLO is championing the workers, but he has to be careful not to over do it because they are risking to deem many viable business unprofitable which could lead to bankrupcies, layoffs and unemployment. AMLO will only be remembered as the best president by the uneducated (cough cough) @raulsanchez7451

[@Kittvkat]

@@ZuyinLuy Inept president? did you saw what the people in the video were talking about? if he was "inept" this video would not be aired... are you panista??

[@dexterjunior5184]

@@ZuyinLuyInept.? hahahahah ; he has broght back pride of beeing mexican ; mexico is better than ever before and we have to thank Amlo for that ; like it or not

[@selfscience]

Its a shame this type of people only read big newspapers and believe them, they don't have the time or intelligence to make a real analysis beyond tyeir thirst for money.

[@victorarreola74]

Just to make a correction on this interview México it's not the back yard of the United States. I love both countries but let's make it clear Mr. Joseph sitt.

[@info781]

The United States is the backyard for Mexico.

[@SalvadorEguiarteDG]

"Next door" would have been quite better descripto than "backyard" in terms of sensibilities, but I think that best friends many times are made over the backyard fence, just sayin'.

[@vedocapp]

🇲🇽

[@3marianrosariodiazhdz3]

LONG LIFE~☆ & MILLIONS BLESSINGS~*☆★♡♥︎❤♥︎♡★☆~* NORHT AMERICA~☆❤♡ (MEXICO!! USA!! & CANADA!!)

[@63saruman]

Mexico = a rich country with terrible wealth inequality.

[@fps6612]

Same as in the USA in 3 years 😮

[@info781]

Inequality is not an issue if the poor people are better off. You don't want a country where everyone is equally poor

[@Georgetellme]

Thank You Mr. Sitt for believing in Mexico ❤️🙏

[@MidnightSunshine27]

He believes in US backyard. My dog shits in the backyard

[@moreno-lh7ys]

@@MidnightSunshine27 so much hate man why what mexico has done to you??????

[@oliviaortiz5157]

​@@moreno-lh7ys--you missed the point 🤨😳 his pointing out what this creep called MX ‼️😡

[@marlaafalcon]

Thank you?!! Who does he think he is to talk about Mexico like that?!

[@enough1494]

Soon will be back! Amo a México! 💕 🇲🇽 💕

[@ethoswithme]

We've come full 180. People migrating chasing the Mexican dream lol

[@viriave3563]

He says AMLO is not a good listener, but he is the one transforming México into this great country of foreign investment. Nearshoring, he made it a reality with all his great projects, for example:Tren Interoceanico, Tren Maya. International airports without asking for international loans. Creating Masive areas of industrial parks, keeping the economy stable, and traying to pay Mexico's international debt. Keeping the Mexican peso earning territory vs. the dollar. So, if you think he is not a good listener, it is because he has a mind of his own, nationalist, and he believed in Mexico. Now you are investing in México because of the certainty he has given to all. We all are gonna keep eyes on Claudia Shembaun. She better keep the 4th. Transformation way of politics in place. Everyone is watching her. NO MENTIR, ROBAR, NO TRAICIONAR AL PUEBLO DE MÉXICO. Y por el bien de todos primero los POBRES.

[@info781]

I think NAFTA was the key, ALMO has not done much innovation.

[@DaViiloW805]

​@info781 where have you been? AMLO is the best... poor people first. There's no Great Mexico if you can't take care of the poor + health care for everyone!

[@info781]

@@DaViiloW805 I did not say he was bad, people like him, he is honest. It is just that he did not do as much as he could have. For example the Mexican oil industry needs reform and large prisons need to be built for cartel members, like in El Salvador.

[@javiercisneros6048]

XOCHITL GALVEZ IS NOT GOOD CANDIDATE, IS NOT AN OPTION

[@elromeo1967]

I Love Northe America Mexico USA Canada for ever we are family the best region in the 🌎

[@erickromeroalvarez9726]

In your Backyard? (1:54) Mexico is not your Backyard, we are your neighboors.