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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (89835)	12/23/2007 11:14:06 AM
From: GST	Respond to of 110194

Population growth is NOT driving consumerism -- population movement is driving consumerism. We are adding global consumers at a rate of about 1/2 billion per decade. Urban infrastructure equal to that of the entire USA will be built in China in the next ten years - and this is a country that already has 182 cities over a million in population, with some cities as large as 30 million today. We will not see hundreds of millions of new urban consumers in the next decade without having a profound impact on consumption. What we have seen so far is the warm-up act. I continue to believe that those who don't see this literally don't see it because they have not been there. Take a month a tour the world's new population centeres -- it is a real eye openner.