The Rod Martin Report

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The Rod Martin Report
The Rod Martin Report
EXTRA EDITION: Feliz Cinco de Mayo!
Geopolitics, Tech & Markets

EXTRA EDITION: Feliz Cinco de Mayo!

No, it's not just a drinking holiday. And it may have changed the history of the world.

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Rod D. Martin
May 05, 2025
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The Rod Martin Report
The Rod Martin Report
EXTRA EDITION: Feliz Cinco de Mayo!
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NOTE: I originally wrote this essay nine years ago. It’s well worth a re-read, on this holiday no one takes seriously yet everybody should. — RDM

by Rod D. Martin
May 5, 2016

Cinco de Mayo is more important than you probably realize. And in some respects, it is more important for us as Americans than for our genuinely heroic neighbors to the south.

Oddly enough, in Mexico the day is barely celebrated. While public schools are closed in its honor, it is not a national holiday. And in America, despite being celebrated in California since the 1860s, Cinco de Mayo would be virtually unknown here if beer companies hadn’t popularized it beginning in the 1980s. Hardly anyone can tell you why it matters.

So I will.

From 1858-1861, Mexico was wracked by civil war (the Reform War, as it was called). In the aftermath, exhausted and bankrupt, the Mexican government found itself unable to pay its debts to European lenders.

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