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Middle class or middle aged?
Posted: 1 October 2018


MindBullet logo STOP THE WORLD, WE'RE HAVING A MIDLIFE CRISIS
The West deflates, China stagnates, and the rest of the world watches and worries
Dateline: 1 May 2040
As the 21st Century approaches middle age, prices are falling alarmingly. In real terms, everything from coal to electronics is cheaper than it was four decades ago, and steel is at its lowest price in 100 years. Deflation is the norm in the Old World, and the so-called Dynamic Markets are no longer so dynamic. Over the past century, we have seen global growth on an unprecedented scale, and ...
 
 
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