The political race is heating up in the United States, and it is really embarrassing to see the contenders’ lack of quality and credibility. President Biden seems to be deteriorating by the hour and commented while visiting the Maui fire disaster that provoked a general …
Mexico faces a political challenge of enormous dimensions. It needs a new system as the one that ruled for over a century has collapsed. The ease with which the President attacks and dismantles institutions proves that Mexican democracy is far too fragile and that the …
Luis Rubio Between the seventies and the nineties, Mexico underwent an era of financial crises, the product, in a good measure, of the laxity with which the public finances were managed: enormous deficits, vast levels of debt (mainly in foreign currency), and little attention to …
Image: Yingko on iStock One of the primary functions of central banks is setting a target inflation rate, as price stability has an effect on employment, interest rates, and the growth or contraction of the economy. It is all related. However, traditional models failed to predict what is happening today in the US economy. Unlike …
Visualizing the $105 Trillion World Economy in One Chart By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion, or $5 trillion higher than the year before, according to the latest International Monetary Fund (IMF) …
George Friedman To read the whole document, the controls for turning pages and zooming in or out are at the bottom left corner above. geopoliticalfutures.com
I usually start with the political situation in the United States, but today I will start with Mexico. As the 2024 elections approach and in the face of the gloom felt by a part of the electorate due to the almost second victory of Morena, …
McKinsey Global Institute The past two decades have generated $160 trillion in paper wealth but sluggish growth and rising inequality. What comes next? Asset price inflation over the past two decades has created about $160 trillion in โpaper wealth.โย Economic growth was sluggish, inequality rose, and every $1.00 in investment generated $1.90 in debt. Current tremors …
Image: Banxico.org.mx J.P. Morgan The structural forces reshaping the peso While the Mexican peso has been considered a high-beta risk proxy currencyfor much of the past two decades, we think it is time for investors to shed thisoutdated perception. We believe the peso has entered a new chapter that will likely be accompaniedby lower-for-longer volatility, …
Tourism has massively increased in recent decades. Aviation has opened up travel from domestic to international. Before the COVID-19 pandemic, the number of international visits had more than doubled since 2000. Tourism can be important for both the travelers and the people in the countries …