Earlier quoted context omitted.
Croatia, Moldova.
Poland?
“Poland will be wealthier than Britain by 2030”
https://www.telegraph.co.uk/business/2023/05/07/poland-europ...
Mexico is now the 12th largest economy in the world
41–50 of 102 posts
Re: Mexico is now the 12th largest economy in the world
#42Demographics-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-th...
Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.
Re: Mexico is now the 12th largest economy in the world
#43Texas’ proximity to Mexico is a dream for both. Cheap, clean energy, an abundance of workers, and a stable trading partner.
Cheap/clean energy and Texas don’t seem to line up. They have an oil and natural gas monopoly that goes all the way up to their elected officials. It’s literally why they had that massive grid failure. It wasn’t a capacity issue it was just greed.
Texas exists at the crossroads of both the Midwestern Wind Belt (actually, it gets SE coastal wind too) and the Sun Belt. Also, it has large open areas that are sparsely inhabited, pretty much ideal for building large renewable power plants. The only challenge is paying for transmission.
There's a huge oil & gas industry too, but that energy is more easily exportable (see e.g. Freeport LNG), which can put a floor on prices.
Re: Mexico is now the 12th largest economy in the world
#44Re: Mexico is now the 12th largest economy in the world
#45Demographics-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-th...
Quite 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.
Re: Mexico is now the 12th largest economy in the world
#46Texas’ proximity to Mexico is a dream for both. Cheap, clean energy, an abundance of workers, and a stable trading partner.
Cheap/clean energy and Texas don’t seem to line up. They have an oil and natural gas monopoly that goes all the way up to their elected officials. It’s literally why they had that massive grid failure. It wasn’t a capacity issue it was just greed.
Indeed, 2021 was absolutely terrible:
https://en.m.wikipedia.org/wiki/2021_Texas_power_crisis
especially enraging to me:
> To cover debt incurred due to high natural gas prices, utilities outside Texas have had to raise prices. Oklahoma Natural Gas is charging customers up to $7.80 per month for the next 25 years to securitize its costs of $1.4 billion during the crisis.[133] The natural gas industry reaped a windfall profit of $11 billion during the crisis.[22] Texas gas utilities were permitted by the Railroad Commission to issue bonds to cover what they paid to suppliers, to be paid off by customers. Municipal gas companies have also added surcharges to bills
Re: Mexico is now the 12th largest economy in the world
#47[dead]
Re: Mexico is now the 12th largest economy in the world
#48Earlier quoted context omitted.
In English, singular "America" normally refers to the United States of America, not the entire western hemisphere.
It also means the entire _Continent_ your take is pretty US-centric
"Germany" means "land of the Germans" but last I checked there's also Austria, Luxembourg, Switzerland, and also Prussia to be historically accurate.
Re: Mexico is now the 12th largest economy in the world
#49America should agree to merge with Mexico. It would be more powerful than anyone has imagined.
It would make sense for North America to harmonize more standards to create an bigger economic community between CA, MX and USA. For example I came across a situation recently where someone want to export a few year old Mercedes vehicle from Canada to USA, and it was impossible as the standards were not harmonized, and the manufacturer would not certify the vehicle as meeting the USA standards.
The US government intentionally doesn't harmonize vehicle standards and disallows private importation of cars less than 25 years old as a non-tariff trade barrier. These protectionist measures are terrible for consumers but they are strongly supported by manufacturers, dealers, and unions so the policy is unlikely to change.
Re: Mexico is now the 12th largest economy in the world
#50Demographics-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-th...
Healthiest demographics of any major nation on earth. Mexico will be fundamental to North American security, stability, and prosperity through the 21st century.
When? Mexico doesn't even control all its own territory: a lot of it is controlled by narco cartels.