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Old July 5th, 2015, 10:11 AM   #1
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Mexico to overtake Russia.

Maybe illegal Mexicans will emigrate back to Mexico, yah fat chance of that happening.

Mexico's Economy to Overtake Russia's by 2050
Mexico is projected to replace Russia as one of the top 10 economies by the year 2050 — and China will be the world's largest economy by that time.
China will have a nominal GDP of $105 trillion in 35 years, easily surpassing the U.S. GDP of $70.9 trillion, according to forecasts by the Economic Intelligence Unit (EIU) reported by Bloomberg. India will follow at $63.8 trillion.
Indonesia will move into the top 10 for the first time at No. 4, with a GDP of $15.4 trillion, along with newcomer Mexico at No. 8 ($9.8 trillion). Two countries will drop out of the top 10: Russia, currently No. 10, and Italy #8.
Mexico's emergence in EIU's top 10 "could be seen as a continuation of the importance of Latin America on the global market," Fox News Latino noted.
Mexico's economy expanded at the fastest pace in two years in the fourth quarter of last year thanks to a rise in exports. The nation's growing economy is attributed to job growth, a falling inflation rate, and rising consumption.
Other nations in the top 10 in 2050 will be Japan (No. 5), Germany (No. 6), Brazil (No. 7), and the U.K. (No. 9).
Japan will see the largest drop in working-age population, more than 25 percent. Other countries projected to see large decreases in working-age population by 2050 include Germany, Thailand, South Korea, Ukraine, and Taiwan.
In terms of per capita incomes, China is forecast to nearly catch Japan by 2050 and be just under half of the U.S. level, up from 14 percent of America's in 2014, and India will rise from 3 percent of U.S. per capita income to 24 percent.
"Given China's and India's economic might, they will take on a much bigger role in addressing global issues such as climate change, international security and global economic governance," the EIU said.
"In the medium term, this will require the world's existing powers — notably the U.S. — to let India, and especially China, play a greater role on the world stage and adapt international institutions to allow them to exert greater influence."

Last edited by roastpork; July 5th, 2015 at 10:14 AM.
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Old July 5th, 2015, 03:03 PM   #2
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Originally Posted by roastpork View Post
Maybe illegal Mexicans will emigrate back to Mexico, yah fat chance of that happening.

Mexico's Economy to Overtake Russia's by 2050
Mexico is projected to replace Russia as one of the top 10 economies by the year 2050 and China will be the world's largest economy by that time.
China will have a nominal GDP of $105 trillion in 35 years, easily surpassing the U.S. GDP of $70.9 trillion, according to forecasts by the Economic Intelligence Unit (EIU) reported by Bloomberg. India will follow at $63.8 trillion.
Indonesia will move into the top 10 for the first time at No. 4, with a GDP of $15.4 trillion, along with newcomer Mexico at No. 8 ($9.8 trillion). Two countries will drop out of the top 10: Russia, currently No. 10, and Italy #8.
Mexico's emergence in EIU's top 10 "could be seen as a continuation of the importance of Latin America on the global market," Fox News Latino noted.
Mexico's economy expanded at the fastest pace in two years in the fourth quarter of last year thanks to a rise in exports. The nation's growing economy is attributed to job growth, a falling inflation rate, and rising consumption.
Other nations in the top 10 in 2050 will be Japan (No. 5), Germany (No. 6), Brazil (No. 7), and the U.K. (No. 9).
Japan will see the largest drop in working-age population, more than 25 percent. Other countries projected to see large decreases in working-age population by 2050 include Germany, Thailand, South Korea, Ukraine, and Taiwan.
In terms of per capita incomes, China is forecast to nearly catch Japan by 2050 and be just under half of the U.S. level, up from 14 percent of America's in 2014, and India will rise from 3 percent of U.S. per capita income to 24 percent.
"Given China's and India's economic might, they will take on a much bigger role in addressing global issues such as climate change, international security and global economic governance," the EIU said.
"In the medium term, this will require the world's existing powers notably the U.S. to let India, and especially China, play a greater role on the world stage and adapt international institutions to allow them to exert greater influence."
They will migrate back, only if, Mexico sets up a social services system they can suck from.
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