The Global Middle Class Has Stalled. Has It Stopped for Good?

The emerging world—lower and middle income countries alike—found China’s insatiable appetite for commodities in recent years a godsend. For the new middle class a commodity supercycle was the simplest route to plenty. If a country had commodities it benefited either from direct trade, or though persistently higher prices of nearly all industrial commodities. By meeting China’s surging demand, the global middle class was going to grow forever.

Read Here – The National Interest

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.