6 ms·
Demographics-wise it makes sense that Mexico passed South Korea and Australia. And long-term it's projected Mexico will get up to 7th place by 2050. https://ww
by eatonphil 3y ago
Demographics-wise it makes sense that Mexico passed South Korea and Australia. And long-term it's projected Mexico will get up to 7th place by 2050.
https://www.independent.co.uk/news/business/these-will-be-the-32-most-powerful-economies-in-the-world-by-2050-a7587401.html https://www.independent.co.uk/news/business/these-will-be-th...
- asylteltine 3y agoHow does one invest in this to ride the wave?
- willsmith72 3y agoThere's the VMEX etf if that's the kind of thing you're looking for
- elijah_moham 3y ago[dead]
- StevePerkins 3y agoI'm not sure about this symbol. It can't be found at all on Schwab or Fidelity's websites, and Yahoo Finance only has "VMEX19.MX" with no historical information. The only mainstream ETF that I'm aware of for Mexico is BlackRock's EWW. I held that for a little while this past year, and wish that I had held far longer since it blew the doors off the S&P 500's returns. However, I would only recommend putting a little play money in an investment like this. Not shifting your entire retirement savings into it. An investment in Mexico is really more of a short-term forex play than a matter of where the Mexican economy may or may not be several decades from now. Economically, Mexico is very much a vassal state of the USA. If things go badly enough for the U.S. economy to fall behind, then odds are Mexico would be heavily impacted by those circumstances directly or indirectly.
- redandblack 3y agoLikely to be faster given Chinese EV companies are starting factories, which will help Mexico to transition their already strong ICE economy to the new era
- ramesh31 3y agoHealthiest demographics of any major nation on earth. Mexico will be fundamental to North American security, stability, and prosperity through the 21st century.
- intrasight 3y agoStability? Perhaps some day. Violence and instability make Mexico a risky place to invest. But Laredo TX now is the largest port in the United States
- shiroiuma 3y agoWhen? Mexico doesn't even control all its own territory: a lot of it is controlled by narco cartels.
- klipklop 3y agoNothing the US military can’t fix (or make things worse?) when the time comes. If the cartels get in the way of making money through industry they will be taken down a few notches.
- MasterYoda900 3y agoThe US military would be unable to defeat the cartels. The US military is designed to fight standing armies, not criminal organizations or insurgencies. Any plausible solution to the cartel issue will take a long time to implement and require some unpalatable choices. For example: indefinite suspension of legal rights and due process for all military age males; arbitrary arrests and detention; mass amnesties; legalization; curfews; invasive government surveillance.
- deleted 3y ago[deleted]
- namlem 3y agoThe El Salvadoran military defeated their local chapters. Though you are right about the necessity of suspending due process in cartel-controlled regions.
- sebmellen 3y agoVery dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.
- kaliqt 3y agoI can't fathom why you think a country like Russia doesn't have a powerful economy. Not just Russia, there are many countries most westerners know nothing about that have more money than one would have expected.
- vasco 3y ago> there are many countries most westerners Maybe this is meant in a way that makes sense, but what do you mean westerners specifically? Our maps include the same countries as people "from the east of us" (whatever that means on a globe), and we all can consult global statistics. Am I missing something obvious?
- paulddraper 3y ago[flagged]
- mlinhares 3y agoBrazil has been the biggest economy in Latin America for decades, what cave have you been living in?
- sebmellen 3y agoLook at fertility. These projections make no sense without considering TFR and growth through immigration. ~ https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?locations=BR https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?location... ~ https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?locations=RU https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?location...
- huytersd 3y ago
- mc32 3y agoQuite a few LatAm countries had leading GDP (GNPs back then) a century or so ago, but mismanagement, endemic corruption, poor education, and a different attitude toward time management led them down a different path. It didn’t have to be that way. They can pull themselves up like Salvador is doing, or they can be eternal victims like Cuba and have the Yankees as a convenient scapegoat (that’s not saying US meddling didn’t stunt growth), but Taiwan, South Korea, Japan, Singapore all prove that a government and a people who focus and stop blaming others for their state of affairs can achieve wild dreams. Finding blame, even when there is lots to go around isn’t productive for an individual or a people. This is a lesson for Ukraine too. One day when the war is over, they’ll have to make a choice, blame Russia for their ills or get over it and begin a new era.
- mlinhares 3y agoIf there’s a country in Latin America people should not pay attention or follow it is El Salvador.
- makeitdouble 3y ago> (that’s not saying US meddling didn’t stunt growth) That's a pretty quaint way to put it, especially after mentionning Cuba. Just to go on with Taiwan, South Korea and Japan which have specially strong ties to the US. In general attributing individual traits ("attitude toward time management", "scapegoat", "blaming") to whole countries to explain long term economic evolutions and gepolitics is iffy at best.
- mc32 3y agoI disagree. It’s a cultural thing. Taiwan or Singapore vs The Philippines. They have different attitudes (they can be changed if there is a pop wide effort). It takes leadership and the cooperation of the people. With the right government, I’d bet Cuba could turn things around, US or no US. But it’s hard work, sacrifice and effort.
- hnfong 3y agoThe common theme among Taiwan, South Korea, Japan, Singapore, besides friendly relations with the US as GP mentioned, is that they are all within the cultural influence of "Confucianism".
- darkwraithcov 3y agoMexico has some of the most arable land on the planet too. They are going to become a serious economic superpower by the end of the century, esp if they sort out their cartel problem.
- Ckirby 3y ago[dead]