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bparksj28

Daily chart: Absent friends | The Economist - 0 views

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    where is 2012 growth coming from?!
bparksj28

Mexico and the United States: The rise of Mexico | The Economist - 0 views

  • One in ten Mexican citizens lives in the United States. Include their American-born descendants and you have about 33m people (or around a tenth of America’s population)
  • China (with more than 60 mentions in the presidential debates) is by far the biggest source of America’s imports. But wages in Chinese factories have quintupled in the past ten years and the oil price has trebled, inducing manufacturers focused on the American market to set up closer to home. Mexico is already the world’s biggest exporter of flat-screen televisions, BlackBerrys and fridge-freezers, and is climbing up the rankings in cars, aerospace and more. On present trends, by 2018 America will import more from Mexico than from any other country. “Made in China” is giving way to “Hecho en México”.
  • Fewer Mexicans now move to the United States than come back south. America’s fragile economy (with an unemployment rate nearly twice as high as Mexico’s) has dampened arrivals and hastened departures.
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  • whereas in the 1960s the average Mexican woman had seven children, she now has two. Within a decade Mexico’s fertility rate will fall below America
  • A third of Mexico has a lower murder rate than Louisiana, America’s most murderous state. Nevertheless, the “cartels” will remain strong while two conditions hold. The first is that America imports drugs—on which its citizens spend billions—which it insists must remain illegal
  • Boosting Mexico’s poor productivity means forcing competition on a cosy bunch of private near-monopolies—starting with telecoms, television, cement and food and drink. That means upsetting the tycoons who backed his campaign.
bparksj28

8 Truths About Retirement - Business Insider - 0 views

  • irement planning.
  • Retirement Week,” an educational campaign to raise public awareness about the importance of long-term re
  • National Save fo
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  • encourages Americans to utilize retirement savings and investment plan strategie
  • The week also encourages individuals to reflect on their current financial situations and their potential for a secure retirement in the future.
  • 2. Half of Americans aren’t saving for retirement
  • 49 percent of Americans say they aren’t contributing to any retirement plan. Those least likely to save for retirement: individuals between ages 18 and 34.
  • planning a home remodel and planning a vacation ranked higher on the list of priorities within the past year than planning for retirement (which ranked third).
  • respondents
  • Apparently 80 is the new 65 for many middle-class Americans when it comes to retirement. One-third of survey
  • The majority of middle-class Americans aren’t confident in the stock marke
  • When survey respondents were asked what they’d do if given $5,000 to invest for retirement, only 24 percent said they’d invest in stocks – compared to 40 percent who would choose a CD or savings account and another 22 percent who would invest in gold or precious metals.
  • Women are less engaged in retirement planni
  • More than 20 percent of Americans have borrowed against their 401(k), the highest percentage since 1996, according to the Employee Benefit Research Institute. The average loan size is 14 percent of the remaining account balance.
  • About 95 percent of companies are back to matching 401(k) contributions, but only 30 percent of employees are taking advantage of this, according to a survey by the nonprofit Plan Sponsor Council of America.
  • Forty percent of Americans fear lack of retirement funds
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