The whole banking sector in Mexico was literally bankrupt. For whatever reason, instead of intervening in the sector or supporting the banks, the government expropriated them. We went through the very laborious period of selling the failing banks to the wealthy people of Mexico.

I was an economist out of the National University of Mexico, where you lived the realities of Mexico all the time.

It doesn't really matter who owns things so long there is enough competition, which means lower pricing, better quality goods, more variety, and an economy where the consumers are the big winners.

Jose Angel Gurria Quotes