Thread: NBC:In Down Times, Hispanic Market Is Booming

From NBC Nightly New's Feature this week, "We The People".
Video at source

MSNBC.com

In down times, Hispanic market is booming

Nation’s largest minority commands attention of businesses, institutions

By Timothy Sun and Alex Johnson
Reporters
NBC News and msnbc.com
updated 3:19 a.m. PT, Wed., March. 4, 2009

With more than 46 million people, Nuevo Hispania is the 27th-largest nation on Earth and the fourth largest in the Western Hemisphere. Its residents wield $1 trillion of buying power in the marketplace. Even as the rest of the economy contracts in the global recession, Nuevo Hispania remains a thriving, even booming, market that’s expected to grow by 48 percent in the next four years.

And it’s not even a real country.

The imaginary “Nuevo Hispaniaâ€

[quote]Hispanics, for instance, tend to have “stronger intergenerational ties than the general population, with multiple generations living under one roof,â€

All that money in the community and what do they do with it,they don't contribute much of it to our economy they send it back to thier home countries.So can you really count it?

Tonight on NBC Nightly News, they talked about the illegal aliens and how they take jobs away from the American people and they admitted that there was over 8 million illegal workers in this country. I was beginning to wonder if this series was going to be all one-sided. We'll have to wait for tonight's video to come up on their website.

Originally Posted by Justonehero

All that money in the community and what do they do with it,they don't contribute much of it to our economy they send it back to thier home countries.So can you really count it?

I spend all of my money here. You have to keep in mind that people have to pay electricity, rent, water, food, phone, and other essentials.