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Blocking remittances is probably impossible. Even if you could shut down all the direct channels for money to flow from US nationals to Mexican nationals, whic
by vec 10y ago
Blocking remittances is probably impossible. Even if you could shut down all the direct channels for money to flow from US nationals to Mexican nationals, which you can't, it's trivial to either send easily resellable goods like gift cards or to transmit the money to some third party in a neutral country who agrees to forward it on for a small fee.
Even if it were possible, blocking remittances is probably illegal under our free trade agreements with Mexico. Any attempt short of pulling out of NAFTA is all but guaranteed to be tied up in courts for years before it could possibly go into effect.
And even if it were legal, a huge disruption to trade is all but guaranteed to cost the economy vastly more than the cost of just doing it ourselves (even assuming we actually wanted to).
All of which is before you even consider the internal politics of getting the US congress to pass a bill in the first place, or of convincing the Mexican government to roll over and accept a huge insult without requiring anything in return.
There is essentially no realistic model under which "it could certainly work". It's a feel-good idea that falls apart with the smallest amount of critical analysis. It's a childish conception of international relations, and any attempt to actually implement it is all but guaranteed to both fail miserably and make absolutely everybody worse off in the process.
- ryanlol 10y agoThere's zero need to actually do it, just threatening it should be enough.
- Torgo 10y agoYou're not looking at this as part of a comprehensive policy. If you bypass normal remittances, you out of the frying pan and into the fire of processes that make your illegal status visible to the federal government through KYC and all the "soft" rules that are in place that track people that use gift cards, etc. If someone had the political will, it would be trivially easy to identify practically all illegal immigrants who operate in the country and use any mechanism to store or transfer money. You don't even have to be more "evil." The processes and information are all already in place. Just a man willing to use them would have to be placed into a position of power. Even if you're legal, as soon as you bypassed the remittances law you probably committing half a dozen other crimes, that are easily tracked. Regardless if this is a "good idea" or not, it is very, very feasible.