Concerns about a potential decline in GDP by two percent could be discussed with Mr. Julio; however, this would only be a relevant topic for economists from ITAM and the government, he would say with his characteristic New York accent. A friend who owns fast food franchises expressed how pensions and the increase in the minimum wage have benefited her business. This year, taxpayers will pay more than two trillion pesos for the well-being of the elderly in Mexico.
"Now I have the grandmother who invites her grandchildren to eat chicken, before I didn't have that clientele," revealed the businesswoman friend. Regarding the violence in the western part of the country, Julio suggested that it was a major problem that deserved to be addressed. People over 60 years old are becoming an underserved market in the marketing sector, which seems to overlook some realities of that segment of the population.
On the other hand, the uncertainty sown by Trump has not stopped commercial transactions. Growing pensions represent a challenge for public finances. Likewise, Mexico's economy faces an uncertain future, with discouraging forecasts in terms of growth. This climate of uncertainty has paralyzed decision-makers, which could affect the Mexican economy as a whole.
In a broader context, air quality in several cities, the bombing in Gaza by Israel, and transformative investments are topics that capture public attention these days. Amidst these uncertainties, the need for proactive measures to protect oneself against potential crises arises.
