Alicia García‑Herrero
speaker
388 appearances
1 recordings
1 series
first heard Aug 2026
last heard 6 Aug
Alicia García‑Herrero’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.
Appearances
Why?
Because local governments can't, at the same time, keep these companies afloat and on top of that, even invest in infrastructure.
So you see the trade-offs of local governments, I think, are becoming very compelling.
very clear because they need to continue with that dual reality.
They need to upgrade.
They need to automate.
But then they have the second reality, these households, these workers, and they just can't do it all.
So what do they cut?
Infrastructure now.
That's where we are.
Yes, exactly.
So they probably realize that the model is kind of unsustainable.
Well, it is more sustainable as long as the rest of the world buys all of these products, to be frank, because that brings new revenue, 1.2 trillion dollars.
Trade surplus, yeah.
But they know that's not enough.
So you're right.
They know they're exacerbating the problem.
But at the same time, they cannot get out of that loophole.
It is very difficult for the local governments to do that.
Well, it's a very good question because in any other country, if you were to have 5% growth rate and your wages would be growing 1%, which by the way is lower than the U.S.
Showing 241–260 of 388 · page 13 of 20
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