メキシコの成長への道：アジア経済に学ぶ。
中国と米国の対立は歴史的背景があり、両国は「キメラ」として経済的相補性を持っていたが、距離を置くようになった。中国は技術教育を強化し、メキシコも同様の改革が求められている。進展は見られるが、他のアジア諸国に比べて不十分である。
#USA
Mexico’s Path to Growth: Learning from Asian Economies.
The U.S.-China conflict has evolved from a previously complementary relationship, prompting significant global shifts. China’s focus on STEM education contrasts with U.S. deficiencies, highlighting Mexico’s struggles in achieving similar reforms. Observing Asian successes without authoritarianism offers lessons for Mexico, emphasizing the need for coherent economic strategies and infrastructure development.
US Foreign Policy & Europe’s Defense: A Discussion
In this Uncommon Knowledge episode, historian Niall Ferguson discusses Ukraine’s war stalemate, Trump’s foreign policy, and NATO’s evolving role amid US withdrawal signals. He draws historical parallels, critiques America’s waning power compared to Britain in the 1930s, and questions whether Trump’s strategies will avoid conflict or hasten US decline.
Federal Reserve Board: Uncertainty Induces Higher Inflation and Lower Growth.
The Federal Open Market Committee, as noted by the Board of Governors of the Federal Reserve System, has decided to keep the federal funds rate target range between 4-1/4 and 4-1/2 percent due to rising uncertainty in the economic outlook. Further resources are available for additional information.
Understanding the Rise of Crime Under López Obrador.
Pablo Hiriart criticizes President López Obrador for allegedly surrendering parts of Mexico to drug cartels in exchange for political support, leading to a dramatic rise in violence and territorial control by criminals. He argues that López Obrador’s strategy of non-confrontation empowered these groups, resulting in widespread homicides and disappearances, undermining national sovereignty.
Sheinbaum’s Presidency: Navigating Doubts and Uncertainties.
Federico Reyes Heroles critiques Sheinbaum’s governance, highlighting positive shifts in security and education policy, yet expressing concern over a populist approach that neglects long-term solutions. He questions her responsiveness to critical issues, including drug trafficking and support for the disadvantaged, suggesting her leadership is hindered by external pressures and ambiguous actions.
Gold Market: Riding a Wave of Uncertainty.
In February, gold prices rose to new highs, ending the month at US$2,835/oz, a 0.8% increase month-over-month. This trend was supported by a weaker dollar, strong ETF inflows, and heightened interest in gold amid ongoing tariff uncertainties. COMEX inventories also saw increased gold flows.
The Gurus, on the Trade War.
Nobel laureate Paul Krugman and former Treasury Secretary Lawrence H. Summers discuss the ongoing US trade war, its detrimental effects on consumer confidence, and recession risks, particularly in the manufacturing sector. Canada’s new Prime Minister, Mark Carney, emphasizes a unwavering stance against Trump, indicating escalating tensions in international relations.
Mexico: Nobody Wanted to Know.
The text reflects on the symbolism of shoes lost in tragic events, linking their representation to both Holocaust victims and current violence in Mexico. It underscores the dangers of societal indifference to such atrocities, urging collective awareness, media responsibility, and the necessity for effective public policies to confront this humanitarian crisis.
Mexico’s Economic Outlook: Institutional Weakness and Trump’s Impact
Mexico’s macroeconomic situation has worsened since mid-2024 due to weakened institutions and uncertainties from the Trump presidency. These changes undermine democracy and legal frameworks, creating investment risks. Economic forecasts suggest a declining GDP, with potential recession impacts, emphasizing the need for institutional reform and improved public investment strategies to foster growth.