There is a belief that television and the internet have created a new awareness across the
globe. 6 billion people will want the life they see that 1 billion people
already have.
This will cause unrest and dissatisfaction but will also
cause financial pressure. It is estimated that in the next ten years 1
billion people will have the ability to enter the consumer market with
the financial resources to compete with the established 1 billion.
That's a lot of new paddles in the life-style auction. Theoretically
there should be tremendous upward pressure on prices. And the absurd
notion of declaring by governmental fiat more expensive products as desirable for
communities, like energy, will become more absurd.
Tuesday, July 10, 2012
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