Quote:
Originally Posted by sebastian_dangerfield
Just developed economies.
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While this can be true in a relative sense - developed economies will certainly be less more rich than Asian economies than they used to be - it's again very hard to imagine Asian economies as the first developed economies in history to be entirely self-sufficient such that they won't import goods from, among other places, traditional developed economies.
Ultimately, what your (and most) gloomy predictions always leave out is the increased consumption of huge masses of people in newly developed economies.
