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> There is no untapped source of demand anywhere in the world. What about global growth and development? There are ~billion living in poverty + general low inc
by Gustomaximus 1y ago
> There is no untapped source of demand anywhere in the world.
What about global growth and development? There are ~billion living in poverty + general low income for even more.
If India and other high population poor countries achieve what China did over the last ~50 years, while China continue to export while transitioning towards a consumption/service economy, there is another engine for global growth. I'm sceptical this will happen, but the potential source of demand is sitting there.