Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Mexico is now the 12th largest economy in the world

mexiconewsdaily.com

Post reply on HN
Print view View original

51–60 of 102 posts

Re: Mexico is now the 12th largest economy in the world

#51

Post by kaliqt »

sebmellen wrote: post #42
eatonphil wrote: post #4

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-th...

Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.

I 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.

Re: Mexico is now the 12th largest economy in the world

#53

Post by mlinhares »

sebmellen wrote: post #42
eatonphil wrote: post #4

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-th...

Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.

Brazil has been the biggest economy in Latin America for decades, what cave have you been living in?

Re: Mexico is now the 12th largest economy in the world

#54

Post by vasco »

kaliqt wrote: post #51
sebmellen wrote: post #42

Earlier quoted context omitted.

Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.

I 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.

> 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?

Re: Mexico is now the 12th largest economy in the world

#55

Post by rgbrenner »

jeffbee wrote: post #11

America should agree to merge with Mexico. It would be more powerful than anyone has imagined.

Mexico has a gdp a bit larger than Florida, the 4th largest state by gdp. Adding Mexico would add less than 7% to our gdp.

The power of the us + Mexico would be very similar to just the US.

Re: Mexico is now the 12th largest economy in the world

#56

Post by huytersd »

sebmellen wrote: post #42
eatonphil wrote: post #4

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-th...

Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.

Brazil? It’s a massive economy. Do you get your news from memes?

Re: Mexico is now the 12th largest economy in the world

#57

Post by mlinhares »

mc32 wrote: post #45
eatonphil wrote: post #4

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-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 d…

If there’s a country in Latin America people should not pay attention or follow it is El Salvador.

Re: Mexico is now the 12th largest economy in the world

#58

Post by makeitdouble »

mc32 wrote: post #45
eatonphil wrote: post #4

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-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 d…

> (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.

Re: Mexico is now the 12th largest economy in the world

#59

Post by retrac »

sebmellen wrote: post #42
eatonphil wrote: post #4

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-th...

Very dubious list. Russia and Brazil in the top ten? Highly unlikely. I wouldn’t trust any of these projections in the slightest.

Brazil has a large and heavily industrialized economy. It is however radically unequal (even by US terms) which may be why you think the country is poor as a whole. With a GDP of $2 trillion USD the Brazilian economy is comparable to Spain or Korea in size.

Re: Mexico is now the 12th largest economy in the world

#60

Post by paulddraper »

vasco wrote: post #54
kaliqt wrote: post #51

Earlier quoted context omitted.

I 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.

> 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?

[flagged]
Post reply on HN