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Our essays reflect only their author's point of view. We ask only that they respect our Principles.← Back to all essays | Author's essays All of Mexico awaits the death of the dollar
by Charhapiti
Published: 2025-11-06 (last update: 2025-11-21)
5-10 minutes
There are villages in Mexico that depend completely upon remittances from migrant workers. This is the current status quo, but it's about to change. It's only a question of when will the migrant worker cycle stop being lucrative enough to us as workers in the USA looking to invest in our homelands. Those of us who go to the U.S. to work and Mexico to live.
When the US dollar collapses, that will surely be the end of an era. The end of the dollar's inflated value would completely remove incentive for migrants to toil on US soil. But when the US dollar that we so depended upon collapses, and the exchange value equalizes, how will we enrich our communities?
Mexicans have developed a paradoxical status quo and style of life, deriving benefits from the inequality of the dollar vs other currencies like our own Mexican peso. It's a large part of what props up the whole Mexican economy. Migrant workers hard carrying the Mexican economy...
The collapse of the dollar will be a shock to the way we are used to operating, and can feel scary:
- No more fundraisers
- No more remittances
- We have to find employment in our own country
- The Mexican market becomes more active
So an economic analysis is very necessary to understand what awaits us. Everything happens because of money.
Mexico is a rich country. A robbed country. But a rich country. Only its people are poor.
I think there will be a war if the US really tries to invade. And the US will lose. When the war occurs, some group could do what Che and Fidel did, or what Mao did, etc. Like the revolutions in Vietnam and Laos. It would be ugly, but there is also the possibility of having heroes.
But that was at the height of the US military power. Today, the US military is already very weak. They are already powerless.
Another thing is that we produce a lot of the food for the US, and China produces it too. China has the US by the balls. If Mexico decides, we can stop feeding the US too. The US doesn't even know anything about agriculture. All that land and they don't even know how to use it. They destroy it. And they depend on oil for their agriculture, which will become scarce, and that's why they are desperately attacking Venezuela and so on.
80% of the electronic components used by the US military are made in China. There is also an increase in people leaving the US. They are losing their workers.
Such is the weakness of the imperialists. They can't even do anything for themselves. That is why they meddle with us.
So perhaps what they want is to prevent international cooperation between Mexico and other countries in the global south, such as China.[1] It is a desperate and weak move that implies they want to prevent a loss of capital...as opposed to capturing more capital. So perhaps what the US wants is to consolidate and not lose "its" resources; it is desperate not to lose its position in the world. But there is nothing it can do to prevent it.
The United States, the Great Narco, has already lost.
That's why I'm more concerned about the dollar than about an invasion, and the collapse of the dollar will immediately cause the US to surrender.
- When the dollar collapses, they won't even be able to invade or mess with anyone anymore.
- The decisive battle is to accelerate the de-dollarization of the global economy.
- Every bilateral agreement that eliminates the dollar, every alliance such as BRICS that creates alternatives, every sovereign movement by a country to free itself from the clutches of the IMF and the World Bank, is a direct blow to the heart of the empire.
When the dollar falls, the world will have a historic opportunity.
Let's break our dependence on the US step by step (BRIC by BRIC).
The United States is the destination for 79.6% of Mexican exports and the source of 42.8% of its imports. Foreign trade accounts for 73% of Mexico's GDP. GDP is composed of Services (58.2%), Industry (31.6%), Agriculture (3.8%). Mexican dependence was consolidated with NAFTA (1994), which predominantly benefited US corporations and eroded national economic sovereignty by dismantling previously nationalized industries. 55.23% of the employed population remains in the informal sector and 37% are "working poor."
Dialectical materialism will enlighten us as to which things can be turned into their opposite. Thus, Mexico will no longer be the slave of the US.
But to break free from dependency and chart our own path, we need to:
- Develop basic national industry to reduce dependence on strategic imports
- Nationalize banks
- Foster commercial and political alliances with other countries in Latin America and the Caribbean, as well as with other blocs opposed to unipolarism, to counteract the exclusive influence of the US.
- Ensure that strategic resources such as water, energy, and biodiversity are under public control and at the service of the people, not private corporations
- Strengthen indigenous community autonomy
- Collectivize land to remove US agriculture
- Pay workers more and with fewer hours so that everyone can get a job
- Create a social fund for workers to train and relocate the workforce according to the needs of the national economic plan
The mass return provides the three key elements for an economic leap:
- Labor (the returning workers).
- Massive domestic demand (their needs as consumers).
- Initiative and innovation (their skills and knowledge).
And this is a change that is good for everyone, including indigenous communities that will see the healing of the alienation of their diasporic members.
The only potential obstacle is the parasitic bourgeois class that prevents these three elements from coming together harmoniously for the benefit of all, because they have a monopoly on both capital and the means of production. In the short term, at least a leftist state is needed that does not prevent people from doing the work that needs to be done. A methodical analysis is needed to determine whether the ossification of the bourgeois dictatorship is too strong and entrenched. If so, then social reintegration is prevented and from there it spirals out of control, causing a short-term crisis; if not, then the economic leap would materialize. In the long term, a socialist government, a proletarian dictatorship, could organize it better than anything else, arranging everything very well, and ensure that everyone has the right to a job.
In fact, the death of the US dollar is the death of the empire, and the long-awaited end of the bad guys, the drug traffickers, the cartels. It will be the birth of a new revolutionary power to achieve socialism, decolonization, and the dictatorship of the proletariat.
The imperialist domination of Mexico is soon ending. When the dollar collapses and Mexico welcomes its people back to their home country, mass migration will cause an increased demand for jobs but also an increase in purchases of local services. The Mexican economy will experience unprecedented flourishing and take its first steps toward economic sovereignty.
We will stop enriching the empire and start enriching ourselves.