Why Mexico Could Become a Superpower

[@rahuliyer7456]

I have traveled to Mexico many times. It is a diamond in the rough...but the roughness is slowly being polished. My wife and I, both Arizonans, are planning to move permanently to Puebla. We are US citizens.

[@nomadcapitalist]

Best of luck!

[@RetireandGo]

This is interesting information Do you recommend Puebla for first time American travelers to Mexico?

[@PAPO9609]

Hi. I'm from Puebla. Watever advice you need i'm here for ya. Congrats on your decision to move here. Cheers!

[@PAPO9609]

@@rf4537 Depends on the state. Here in Puebla you still get a bang for your buck.

[@harry12]

@@rf4537 touristy places and certain areas close to the border yes, but still many many affordable places

[@2GringosOnTheGulf]

I absolutely love this video my friend. ❤ We are 2 Canadians 🇨🇦 living in Mexico proud to call Mexico🇲🇽 home. Viva Mexico baby. 🙏♥️

[@trips505]

I studied a semester abroad in Mexico, Monterrey more specifically, and boy I can tell you Mexico is on the up. Some of the projects they are undertaking, infrastructure developments. Most recently, Tesla opened a gigafactory in Santa Catarina, near the city and in general I can see they are heading in the right direction. Obviously, corruption in politics and the drug war are always issues in the background, but if we look at the overall picture, Mexico has got huge potential they way I see it, their culture, traditions, food, music, landscapes make it such an attractive location. People in the west will keep down playing the Mexicans, but these guys work hard and are silently making big leaps.

[@nomadcapitalist]

Thanks for sharing!

[@Eyeofthetiger013]

The best asset Mexico have is its people, very smart and hard working people. Also the geographic position is incomparable. The biggest problem is corruption and impunity in all government levels, sadly that is the culture in Mexico and it is going to be a challenge to change it. Viva Mexico !!!

[@bernadettesandoval3990]

That corruption at all levels of govt is a given no matter where you go

[@djk0n3x0]

Lies. I’m a Mexican engineer, I speak 3 languages and have NEVER gotten a job. Mexicans are assholes who don’t tolerate individualism or progress, fear the challenge of innovation and have a massive hatred for technology and intelligence. Mexico would be better off without my fellow Mexicans.

[@keangwooichoo6138]

Crime bosses?

[@2GringosOnTheGulf]

My wife went to university in Guadalajara many years ago and Mexico stole her heart. ❤

[@angstvision7108]

¡Viva México! 🇲🇽🎉

[@2GringosOnTheGulf]

❤🎉😊

[@erikaweber_]

Mexico and Brazil are the powerhouses of Latin America. Both suffer from the same corruption and cartel problems and I believe they can work together to find a solution.

[@Lucas_Fidalgo]

As a Brazilian I can say that yes it can get better but we are nowhere near even coming up with a plan of solving corruption so this would likely take decades

[@richardallison8745]

Corruption and cartels are woven in Mexico and Brazil. I keep hearing they are working on it but there is never any progress. I see Obrador and Lula as proof that nothing changes down there.

[@emilioroman9853]

@@Lucas_Fidalgothe Mexican government is trying to fix corruption thru dismantling all the old government based organizations and creating new ones with people who supposedly we can trust, but it hasn’t really been that efficient and sometimes democracy seems threatened, it’s kinda hypocritical that the opposition party that governed Mexico for 7 decades talks about “threats to democracy” but that’s what we have

[@Anonymint-vj7bt]

There is no solution. It will shift as the entire population becomes more middle-class, if ever.

[@emilioroman9853]

@@Anonymint-vj7bt actually yes 2023 it’s the year when the middle class grew the most, probably because of nearshoring and industrialization speed-up, but literally it’s just waiting and seeing where the future takes us, but México it’s going kinda okay economy-wise

[@RetireandGo]

I hope to visit Mexico in 2024. Really looking forward to it

[@2GringosOnTheGulf]

We hope to see you.❤ 😊

[@jt9907]

Has Nomad done a video on El Salvador recently?

[@2GringosOnTheGulf]

Not that I've seen. We're watching for it. ❤✌🏼💯

[@sylvainlemexicain1160]

, i,move to mexico 8 years a go from canada , best choice ever ,

[@2GringosOnTheGulf]

Awesome 😎 just over 2 years for us. Definitely the best decision we ever made. It was our dream for 12 years to retire here in Mexico. 🇲🇽✌🏼 We just fast tracked it.😆

[@mc3880]

I’m getting super educated in the USA and well as the USA looses power I’m likely permanently leaving to Mexico since I can do that. The USA is falling apart everywhere that even University of Wisconsin Madison is using deceptive tactics to retain students longer in their program. Elite universities are feeling the economic burn the worse. Im getting a full tuition refund and officially withdrawing and switching to another university for an economic development program. This will be my second masters degree coming from a finance program. In my opinion when the USA collapses consulting for economic development will be valuable all over the world.

[@majortom8047]

After living in Mexico for nearly 6 years, I can see that this country is going places. The people are motivated, capable and ready for the future. They cannot be deterred by the naysayers. There is no sense that they are disconnecting from the US, but there is a definite knowledge that there are alternatives to doing exclusive business 100% dependent on the US---thus dealing with Europe, Asia and China are all on the table.

[@holisticonomist8136]

Well they only reason they want to be connected to the US is because they want dollars. And if the dollar turns up being worthless..well .. ✂️

[@Dividendflywheel]

Beautiful set design. Couldn’t avoid noticing it. Will be planning a visit to Baja California

[@angstvision7108]

Mexico has the potential for agrarian growth because of climate. I think food will be important into the future. I think producing beef for Argentina and Uruguay, and potatoes from Peru etc...

[@Elchingonnumero1]

Just have to be aware of where, shipping’s a factor and cartels will regulate you themselves

[@angstvision7108]

@@Elchingonnumero1 big facts

[@Anonymint-vj7bt]

For sure the cartels will control all of it, if they do not already.

[@sandrabedard7848]

We retired almost 3 years ago abroad. Latin America countries where our choice. We want a Country that will treat us best ( you always tell us that) and a Country that works for their people not the other way around. We wanted off the hamster wheel of USA, need good medical, and affordable good quality of life. We wanted to have a Country that doesn't mirror USA. Mexico was on the list but didn't check off all our needs and wants that we want for our retirement lives. We ended up in Costa Rica and it was the best choice for us !! We love our Pura Vida ( pure life) lifestyle here and never look back. We are shocked at the growth here just in last two years and still coming. People from Europe, USA and Canada are coming in drones And getting residency here. It has raised prices of housing especially in beach towns and Tourists areas. Costa Rica is definitely getting stronger and growing!! We don't have an Army in CR . We are a peaceful Country and Safe. Yes there is crime every place on earth but CR is still a safe Country.

[@anotherabeer4341]

It’s true Costa Rica doesn’t have an army. However in 1948 CR signed the Rio Treaty which “If Costa Rica were to be attacked, it would invoke the Inter-American Treaty of Reciprocal Assistance, which obligates regional powers - including the United States - to assist.” Thus Costa Rica has an agreement with Big Daddy who will help if needed. Yes Costa Rica values peace and has Peace University. But there’s an agreement with the U.S. …..just in case!

[@nomadcapitalist]

Thank you for sharing your positive experience with us.

[@johnwong5521]

Most of the produce we buy at the store is from Mexico or further south. Produce shopping is a constant reminder that the US cannot even grow and sell their own food profitably and instead relies on other countries.

[@orirosengarten2572]

And what meth do you buy? From Walter White of from cartel?

[@angstvision7108]

​@@orirosengarten2572kohcka

[@majortom8047]

Dumb comment @@orirosengarten2572

[@l.k.7940]

That's bcoz produce from Latin America is much cheaper than that produced in USA not bcoz USA can not grow affordable good food/produce. simple economics!

[@icypeanutpolo]

I think the best way to measure the viability of Mexico will be seen over the next few years. Acapulco was basically annihilated by Otis, and how well it grows back and rebuilds will be the biggest indicator, to me, of economic power. Given 3-4 years, how will the area recover.

[@danmur2797]

Mexico has been hit by devastating hurricanes in other regions in the past--and usually recovered quicker than hard hit cities in the U.S. like New Orleans, etc. Perhaps it has to do with housing construction differences. Houses in Mexico are usually built with brick, concrete block, Adobe, etc.--heavy materials as opposed to wood frame houses in the U.S., which hurricanes and tornadoes obliterate.

[@cbunix23]

Besides hi-tech, other knowledge fields are gaining in Mexico. For example, Michelin moved their cost accountants from the USA to Mexico. Fewer young people are going into accounting in the USA.

[@Anonymint-vj7bt]

Did they actually move the people or just the jobs? Maybe you have a typo? Should be ‘accounting’ not ‘accountants’?

[@cbunix23]

@@Anonymint-vj7btJust the jobs; Michelin moved their cost accounting department to Mexico, not accountants.

[@azdbuk]

I love MX, my favorite people of any country I have been to. Might be my favorite . Having said that, "superpower" is misleading in the title. Two things come to mind, rule of law and order are bought and sold on a level Americans cannot imagine. They are bought everywhere to a degree, but the systemic intertwining of governmental admin and semi organized crime is imo stratospheric. Just because a few retired folks from the mid-west or CA who are enjoying life in Ajijic or Puerto Vallarta and vlog how safe they feel in their neighborhood or on their trip to the barber, does not mean they are as safe as they feel....as long as you never need law enforcement, you are fine. And secondly, the insanely obsessive and competitive work culture in U.S. does not exist there. A superpower needs almost manic level GDP and a fairly rigid culture of rule of law with decent boundaries between each of the powers involved to grow and maintain. imo......Would love to see this "potential" trickle to the rural folks who are the ones who have almost impossible time getting good educations......at least when I was there it seemed on the outside looking in. Even in the city the good high school educations were sort of reserved for "someone who knows someone" rather than merit. I do second the notion they, even 30 years ago, were very S.T.E.M. focused. Students saw english, math, engineering, science, and tech as the way out.

[@MarioSeoane]

Peru has the oldest university in the Americas, La Universidad Mayor de San Marcos, founded in Lima during the times of the Spanish Empire when Peru was a Vi-rreinato, not a Colony like in North America. At that time they taught in Spanish, Latin and Quechua, the local language. The first English university in North America came much later after several Spanish universities were founded all over the Spanish Empire. Nowadays Peruvian Universities are not ranked among the best in the world, but they have solid foundations.

[@Anonymint-vj7bt]

Just do not mention the Monjeríos and you can imagine the history romantically as you do.

[@Anonymint-vj7bt]

I am living in Mexico (American State National by birth) with residente temporal (to be permanent 2025) and Mexico is advancing very rapidly. I do like Mexico a lot, and I like the Mexican people. Development reminds of my time in the Philippines from 1990s to 2020. The main issue is Spanish language and unwillingness of Latin Americans to learn English. They just are not interested to speak English. Whereas Filipinos and Indians are very willing to speak English. I for one would not apply my s/w development business to Spanish speakers. I would hire only English speakers. Look I already invested a lot of effort to become fluent in two Filipino languages. I do not have time to learn Spanish right now and English speakers in my business do not have time to learn Spanish. The Spanish speakers need to make the time if they want to team up with the leaders in software which are still the English speakers at this juncture. Heck I find it difficult even to work with Indians because their English pronunciation is so difficult to understand. Note this issue will not impinge on Mexico in the areas where it can excel such as integrated manufacturing where large corporations invest in a Spanish-only Mexican subsidiary. And it won’t inhibit tourism. It seems there is some intention by the globalists to merge Mexico with Canada and the U.S. in the North American Union, but the language barrier is a significant barrier to achieving that.

[@irvingdelgado1731]

You move to Mexico and want everyone around you to speak your language instead of their own?

[@Anonymint-vj7bt]

​@@irvingdelgado1731 I did not write that. I implied a distinction between residential living and business. Of course in the community, I do try to speak Spanish, although I am not very fluent and being a very busy person, I do not have much free time to learn a new language at age 58. If I was retired I would have more free time. I literally work every minute that I am awake. I wrote that for operating a s/w business, I would expect those professionals to be fluent in English, so they can communicate effectively with the senior s/w engineers from the U.S.A.. Being multi-lingual is a necessity in this new world order for being a true professional. If you think the entire world is going to speak Spanish, that is selfish of you. Thus if you want to cross-integrate with the world, you need to learn also English. The Philippines has a huge advantage of Mexico when it comes to call centers for the English speaking world, as all their professionals are very fluent in English. What major economies speak Spanish? Spain? Spain is nothing. Of course if you add up all Spanish speaking countries, it is not peanuts but still not yet first world economies. Although Mexico I believe is now 13th largest economy in the world, yet it is significantly due to serving the English U.S. markets which means it is not really cross-integrated on an individual level and mostly a few very wealthy offering up the rest of the population as low wage workers (thus no need to develop English speaking because the workers never interact with anyone in English). So my point is the people do not aspire at all to better themselves by learning English. They seem contented to not compete with Filipinos for example for those call center jobs and to motivate s/w companies from the U.S. to relocate. It is a lazy and self-centered attitude. You would think with English speaking country on their border they would aspire more to English than to Spain, but I actually find that Latin Americans are more enamored with Spain or Europe than their neighbor. In my ideal vision, neighbors would appreciate each other to the fullest. It is okay. I am not expecting anyone to change anything about this. It is just what it is. I find it helpful to be aware of reality. There is another problem. If the globalists really intend to merge the U.S., Canada and Mexico into the NAU (North American Union) with no more borders, they have a serious problem with language. So is the goal to overrun the U.S. and turn it into a Spanish speaking country? Seems like it is. It is that the deviant *La* *raza* *cósmica* plan of some Mexican intellectual? And I hope you can understand that pisses me off. That is not mutual respect. Both sides of the border should learn each other's language. Tally up the national GDPs my friend. It will be instructive as to reality, at least for now. This may change over the coming decades, then the English empire may fade. But I might be dead by then.

[@danmur2797]

​​​​​​​​​​​​​@@Anonymint-vj7btMany Mexicans are English proficient or at least familiar due to extensive ties and being neighbor to the U.S. It's probably the most populous English proficient population in the Spanish speaking world (Belize and Costa Rica being small countries), ahead even of Spain, and analogous to Argentina or Chile. Obviously though being major Spanish language product and content producers (and being countries unto themselves imagine that), they operate chiefly in their language--Spanish. France operates mainly in French and are very successful as well. So is Japan. The thing is knowing Spanish is like a cultural mirror to the English speaking world--music, television, film, etc., even business has been done and exported by many Latin American countries and Spain with each other in Spanish, as the English speaking countries do. Say for example the Beatles hitting it off in the U.S. or Australia, etc. And this trend is almost as old in the Spanish speaking world as it is in the English speaking world, unlike Asia, Africa, etc. which is much more recent. Kpop wasn't listened to in Indonesia in 1980. Comparing Mexico to the Philippines, and criticizing Mexican aptitude is also strange. Look at the size of the GDP and GDP per capita of both countries. Mexico overtook the economies of Spain, Australia, and South Korea in 2023 in size. And overtook the size of the Russian economy in January 2024 to become the 11th largest global economy. It even overtook Russia in GDP per capita in February 2024. Mexico was wealthier on a GDP per capita basis in the early to mid 20th century before countries like South Korea, Singapore, etc. industrialized or became developed. Or China or even Japan. It just stagnated after the 1980s, as east Asian countries educational levels exploded--and Asian countries were much more keen on exploiting technology created at universities in the west than Latin America. But that has been changing over the last 20 years, depending on what country in Latin America one speaks of. There have been big undercurrents not perceived by western countries or western news media. The nearshoring trend in Mexico post Covid didn't emerge overnight. And educated Mexicans have known very well what type of culture U.S. companies operate with. Go to cities like Monterrey and Guadalajara and universities there to see the development of tech and startups.

[@Anonymint-vj7bt]

@@danmur2797 yes w.r.t. to ESL (English as a second language) I am coming to find that to be the case. But it is ostensibly more so with the younger generation (they watch American movies) and those who have been to the USA. But it is not the case (in my experience thus far although no interaction with their kids and noting the Mexican government is pushing education and busing in Baja California since Obrador) with the rabbit-like procreating, poverty stricken indigenous many whom ostensibly still do not even have a TV at home. Note my comment 3 months ago was significantly influenced by my experience on my trip to Peru and Colombia earlier in 2023. South Americans (at least Peru and Colombia) seem very much uninterested to learn English and proud of Spain. When I ask Latin Americans (including some Mexicans) which country they want to visit as a tourist, they invariably say Spain before USA.

[@Anonymint-vj7bt]

@@danmur2797 My point was viewing Spain as a faded empire. Whereas, if taking Mexico as the current or future economic leader of the Spanish-speaking world then you have a point. And I do think Mexico has a lot going for its economic future. I have since become even more pessimistic of the future of the English-speaking world. In terms of the large aggregates, your point is valid, but I was speaking to the more rare state of the art startup which pertains to my endeavors, such as OpenAI.

[@rickc.3552]

I’m concerned that there aren’t any laws with teeth in it to enforce contracts. Too many corrupt officials taking kickbacks

[@hugopetricioli9789]

The only thing that Mexico needs to do is the implementation of rule of law. That will accelerate the growth

[@angeldevildx]

Sadly, Latin America is starting to adopt Government Enforced Gender Quotas (in favor of women), unless LATAM countries want to speedrun the fall of the USA, they should do something to stop the gender discrimination in the workplace.

[@angstvision7108]

I think the Chinese "land grabs" are just the countries being fiscally irresponsible and having to pay later. Just like having a hangover after a kickass party. You can't blame the liquor store for the hangover

[@ukjw2]

When I went to Mexico to consult in some aviation factories I was amazed that the average age of employees was mid 20s. Most engineers were around 30. Vs the states where an entire shop floor is full of 50-60 year olds.

[@ukjw2]

To add to that. A lot of them are hungry for a better life. To be successful. To advance careers and be proud. And I am speaking of average factory workers, not only the engineers. Vs the US where there is almost a hunger to appear to be cool or a flat out delinquent. 9-5 is uncool here. The only hunger is to make more money.

[@Anonymint-vj7bt]

Yes but Mexico is not replenishing that demographic. They too will have demographic collapse after few decades as this younger generation is working, not procreating.

[@ukjw2]

@@Anonymint-vj7bt don’t listen to that Peter zehain bullsht

[@MyLatinLife]

Great episode guys!

[@2GringosOnTheGulf]

💯✌🏼

[@yanivyaffe]

Great video

[@nomadcapitalist]

Thanks!

[@jaws2003]

Interviews like this always make me go back and forth with Asia and Latin America

[@angstvision7108]

In the beginning, I missed him touting "women are getting/becoming more educated than men" as a benefit. In the short run, GDP will increase and there will be a reduction in unwanted pregnancy. But in the long run, the hypergamy will prevail, and birthrates will stagnate and tax receipts will decline. Then the social dating/family rearing condition will model the USA. It's a slippery slope.

[@l.k.7940]

While true, the culture there is different and they may be able to manage things better.

[@rifleman42051]

Simply put Mexico is going through a major GDP boom!!!

[@2GringosOnTheGulf]

💯✌🏼

[@sylvainlemexicain1160]

mexico as great bank , we get 10 % inter for some 6 month deposit , safer then usa ,

[@REASONFORTRUTH]

Mexico and Central and South America will explode with success as the inter marriage with North Americans and Mexicans and others being educated and working plus starting businesses equates to a great future.

[@sylvainlemexicain1160]

baja baja baja la paz san josee , top in mexico

[@davidt1621]

@nomadcapitalist What do you know about special economic zones and the tax haven of Mauritius?

[@nomadcapitalist]

Here you can see our recent video about Mauritius: kzbin.info/www/bejne/oXWXqKWIjK2osKs

[@davidt1621]

@@nomadcapitalist Awesome, thank you!

[@TheThreatenedSwan]

Definitely not. It can go a lot further cleaning up the political corruption and becoming stable, but at the end of the day they just don't have the human capital. And like other developing countries, the brain drain and dysgenics are much worse.

[@kevinarrevillaga926]

I want to move Mexico

[@reploid001]

Talents are everywhere. It's more of a question of who's willing to take a dime than a wad of cash. This is why China became the world's factory dacades ago. As their way of life became more prosperous, they're leaning to prefer wads of cash these days. So your next move is to find the next group of people who are willing to take your dimes.

[@johnwoodham3263]

This is a joke. Country is still ruled by the Cartels.

[@lxndyn767]

Our American myopic politicians and visionless businessmen, have failed to recognize the tremendous potential of Latin and Central America for too long. China, sadly, with its communist ideology is replacing America and the Western world in these fascinating areas! America is more interested in Defense Infrastructure as if these struggling peoples need it, whilst smart Chinese business people are more focused on the Infrastructure oriented aspect of making money and opening businesses which these people desperately need! The downfall with American businesses in non-white areas still has a lot to do with Race, whether they want to admit it or not! It is the curse of America! China could not give a hoot about race or the colour of a person's skin! They see potential to do business and control a large share of investments in those countries. Even Western Europe wants to have little to do with the racist nonsense that is still taking place in America up to this day! Instead of using the full potential of the diverse peoples living in America and use the full potential they offer, we continue to play that divide and rule rubbish which makes us the laughing stock of the world at large. Another example is India, which continues to hold on to its evil Caste system while China has out performed India like the Rabbit compared to the Turtle!!

[@angstvision7108]

Is México doing business with China and if not do they plan to? Maybe they should be economically neutral?

[@carlosdgutierrez6570]

Neutral, no matter how much saber rattling is between the superpowers you still need to have open channels of communication under the water and behind scenes to talk far from the hot headed saber rattling and more importantly a neutral yet powerful part who speaks to both sides and serves birth as mediator and arbiter to keep the civility. We did exactly that in the Cuban missile crisis, Gilberto Basques, a Mexican diplomat who also saved thousands upon thousands of Jews in WWII from the Nazis, was the men who orchestrated and serves as conduit between the USA and the Soviet Union to deescalate the incident. So a neutral México towards China serves as a backdoor to talk with China far from all the heated speeches and also keeps the both sides from getting carried away during talks avoiding unnecessary escalation of the problem due some politician being unable to keep his tongue in check.

[@25ronniemac]

Everything that China touches turns to crap within a few years. The future is any country that kept the criminal CCP out of their country.. that’s a fact.. stop bring a running dog for them thanks

[@auntielu4394]

Yes Mexico is already doing business with China.

[@winterfern4881]

I would keep an eye out for ripple xrp for the payment processing in the coming years. Much of the world is setting up on it.

[@djk0n3x0]

Latinoameric!?

[@chriswood7165]

low inflation and get 12% on you money in a savings account here .

[@juanok2775]

I have heard this so many times about Mexico and Brazil and it never happens

[@alexsdb9712]

And India as well. It was predicted by 2000 to be a superpower, which is why there was all that despicable India-romance wooing talk during the late 90s early 2000s, but it didn't happen due to ongoing corruption and overpopulation.

[@martinc6987]

How come entire nations are repeating the mistakes others made before? Keep your talents for yourselves ! Educate them on your own universities for YOUR needs,not harvard etc. You become slaves to their System,just smart one..... Build your own global network and companies

[@shoshi06]

Exactly...people still don't see what's happening😢

[@l.k.7940]

People have choices and can move!! therefore your point is moot!!

[@johnbethea4505]

Real Americans are losing our country a little by little.

[@HeyMr.Johnson901]

😂🤣. And you said that to say what exactly

[@dirkscott5410]

Real Americans (like the Palestinians) were herded into reservations and massacred if they fought back. They lost their country long ago.

[@johnbethea4505]

@@HeyMr.Johnson901 it speaks for it's self if you can understand...

[@artb.2260]

What tribe are you referring to?

[@johnbethea4505]

@@artb.2260 the Dog Apache

[@BOOGEYMAN-f7u]

Thanks to AMLO and MORENA mexico has changed to a very positive way.

[@lisaariottiart]

conquistadores.

[@robertl8310]

Masen