Monday, February 16, 2009

What Does the Future Hold for Mexico and China?

Intelligence Expert: China Faces Chaos in Coming Decades While Mexico Will Be World Power is the intriguing title of this linked article. George Friedman is an author and founder of Stratfor, a company which gathers and anlayzes intelligence. Friedman believes that later in this century Mexico will become a leading power in the world. The article indicates that Mexico currently has the 13th largest economy in the world.

Social instability is predicted to be a problem for China. China is still largely a third world country heavily dependent on exports to the United States. Problems with the American economy can severly impact China. Friedman's views about the future of China and India contrast with other prognosticators who have a much rosier view of the prospects of those two nations.

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