the EXPECTED GROWTH IN MIDDLE CLASS CONSUMPTION

Friday 14 June 2013 at 9:24 pm.

There is a lot of hidden info in this graph. One needs to stare at it to get the full impact. Consider the amount of middle class consumption today in Europe and the USA. Consider what the consumption will be in 2030 when productivity has reduced prices by 90%. Then look at consumption in India and China in 2030. It will be 10 times that in EU and USA. The amount of change that must occur to make this happen is mind bending to say the least. i will be teaching courses at Dartmouth on the NIC GLOBAL TRENDS 2030 quadrennial report that was recently released. The rate of change will stun big government. Read the report.

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