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Mexico is now the 12th largest economy in the world

mexiconewsdaily.com

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

#71

Post by maybedorfs »

mc32 wrote: post #62
makeitdouble wrote: post #58

Earlier quoted context omitted.

> (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.

I 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.

Those tigers(Taiwan, Singapore, South Korea, Hong Kong, Japan) Heavily focused on education are way smaller than the Phillipines.

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

#73

Post by nine_zeros »

Mexico has been developing faster than the usual suspects in Asia. It is almost fascinating to see the boom in Mexico since around 2016.

More and more Americans are expatriating or gaining residencies in Mexico to escape from America. And I can see the allure of a modern, rapidly developing life in Mexico as opposed to rent-extraction-life in America.

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

#74

Post by Ckirby »

darkwraithcov wrote: post #63
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...

Mexico 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.

[dead]

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

#75

Post by hackerlight »

rgbrenner wrote: post #55
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.

From a national security perspective, wealth is important but so is population size. If you have both, you win. Industrial production is a third factor in national security, related to wealth and population size, and Mexico can help with that. At the moment, Brazil is a non-player but in a hundred years that could change given their population size and you could have a potential Brazil-US rivalry. An integration with Mexico will be a contingency for that, giving north US a buffer zone in addition to a larger population.

From a prosperity perspective, that seven percent will grow, especially when Mexico can benefit from strong US institutions. You also have to factor in that the entire pie will get bigger due to free labor and capital flow, which will be the main win here. So it won't be 107 percent it'll be 107 percent times by a factor.

Mexico is also culturally adjacent to the US being a Catholic majority country and immigrants from Mexico have a history of integrating quickly.

Transfer payments may be needed to make the US lower classes "whole" given they're now competing with so many more people which will dilute their wages. But if done properly it should be a positive sum situation where everyone benefits.

Pan-Americanism is a fundamentally good idea if implemented gradually and carefully.

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

#77

Post by klipklop »

shiroiuma wrote: post #50
ramesh31 wrote: post #25

Earlier quoted context omitted.

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.

Nothing 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.

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

#78

Post by MasterYoda900 »

klipklop wrote: post #77
shiroiuma wrote: post #50

Earlier quoted context omitted.

When? Mexico doesn't even control all its own territory: a lot of it is controlled by narco cartels.

Nothing 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.

The 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.

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

#79

Post by makeitdouble »

mc32 wrote: post #62
makeitdouble wrote: post #58

Earlier quoted context omitted.

> (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.

I 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.

If it's just a cultural thing, how would you compare Singapore to Ireland for instance ? They have roughly the same population, while Ireland's GDP is 500 billion and Singapore "only" 400 billion.

Are Singapore people about 100 billion dollars lazier, less educated and with a worse attitude ? Are Ireland people and culture that much aimed towards hard work, sacrifice and effort ?

Yes, a working government, educated people, hard work sacrifice and effort all weight on the scale when it comes to how a country will be doing. But reducing a whole country's issues to that is naive and misleading in a pretty perverse way in my opinion.

Too often it's also used the other way round to explain a country's success, and pat oneself on the back for being virtuous and hard working when things are just so much more complex and nuanced.

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

#80

Post by trealira »

rgarciah wrote: post #72
jeffbee wrote: post #19

Earlier quoted context omitted.

In English, singular "America" normally refers to the United States of America, not the entire western hemisphere.

[flagged]

In English, it doesn't. The names of those continents are North America and South America.

It feels weird to them because they're used to calling the Americas "America", the US "Estados Unidos" and Americans "estadounidenses". Well, it seems weird to me as a (United States of) American that they use those names. Our cultures are just different.

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