The global consumer is in secular decline (with an average 10:1 spending, saving, consuming capability over low-income nation consumers) …and the global low-income nation producers will have fewer and fewer customers of means to purchase their products. Few will acknowledge that a “free-market economy” amid depopulation of consumers is incompatible with a financial system that requires infinite growth. No going back and no way out…
The global consumer is in secular decline (with an average 10:1 spending, saving, consuming capability over low-income nation consumers) …and the global low-income nation producers will have fewer and fewer customers of means to purchase their products. Few will acknowledge… pic.twitter.com/PP54SfPwc3
— CH (@Econimica) December 14, 2024
where this is going… pic.twitter.com/nhsA8ZBxhS
— CH (@Econimica) December 14, 2024