this post was submitted on 20 Jul 2024
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Cemex/Cemusa, they buy all the cement Mexico which due to international pressure has no ability to tariff it or anything then sell it back to Mexicans at extremely high prices so Mexico, which is the Saudi Arabia of cement, is filled with half built buildings because no one can afford fucking cement.
For sure: fuck them, but this sounds more like a government corruption issue, laws should be in place to prevent businesses doing scummy monopolistic shit like this.
It is right next to the United States and they operate their military on the border and own all the politicians and businesses in Mexico. This is like telling an abused wife it is her fault for not standing up for herself.
Isn't it owned by Cemex which is a Mexican company?
All of the Cemex board members are American institutional investors. Cemex operates as a mafia in Mexico for the profit of American oligarchs. Cemusa was the old name of a parent company which was folded into Cemex, I'm old.