Demographic Challenges to Growth
- Changing demographics pose serious challenge to US, China growth.
- Labor force growth in US, China set to slow or even shrink by 2030.
- Retirees will be 21% of US population by 2030, up from 12% in 1990.
- China’s growth of 6%-7% will likely end in 2020s, settle to around 3%-4%.
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Mexico’s Peso Shines Even as Economy Wobbles
- Mexican peso gains against USD while regional peers decline.
- Peso strengthens despite weak economy, multiple rate cuts.
- Nearly 80% of Mexico’s exports are shipped to US, Canada.
- Brazil, Chile, and Colombia rely on Chinese demand for commodities.
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