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Planet Money

The remittance mystery

28 min episode · 2 min read
·
Larissa Vargas,Manuel Orozco

Episode

28 min

Read time

2 min

Topics

Economics & Policy

AI-Generated Summary

What It Covers

Central American countries experience unexpected 26% surge in remittances from US immigrants despite deportation fears and reduced migration, creating economic mystery.

Notable Moment

Larissa Vargas discovers immigrants sending entire life savings rather than monthly support payments, with transfers reaching $7,000-$10,000 instead of typical amounts.

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