Monday, January 25, 2010

Forgetting About Mexico

When talking about the rise of the BRIC consumer, and forecasting power changes in the world economy, it's curious why Mexico is basically forgotten. It's a large country next to the world's biggest economy. Its per capita standard of living is far ahead of China and India, and surpasses Brazil. Its GDP is close to cracking the Top 10, and will probably creep into in it during the next generation. It has a proud history of both pre-Columbian civilization and revolution.

I suspect this forgetfulness has to do with American 'prejudices' about Mexicans, that are formed based upon immigration patterns. I will discuss this more at another date.

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