AMERICAS In all his 57 years, Juan Espinosa Téllez has never strayed far from Tarejero, a semi-indigenous outpost in Mexico’s central volcanic region. But in the past few months he has felt the US recession as closely as if he were a struggling resident of a depressed Los Angeles suburb.
Multimedia feature
Trading places: Slideshows and video from FT reporters investigating which groups of migrants are returning home and which are surviving the downturn abroad. Part one: Mexico to California
In October last year, the $200 a month he had grown so used to receiving from the US suddenly dried up. His two sons could no longer find regular work in California’s construction sector and had stopped sending the money. Mr Espinosa has barely received a cent since.
