For now it's not super clear since we have a lot more stuff in the world, a lot more money, and real ones, too, not just paper money. Actual production and services.
Developing countries, including China have added probably between an extra 30 to 60% more middle class folks with disposable income. That's going to grow because of India, Africa, South East Asia.
The bigger long term threat is the unsustainability of this, global warming and destruction of ecosystems.
That doesn't mean we'll avoid a major wealth wiping financial crash this decade but we'll get over it and continue to grow.
Developing countries, including China have added probably between an extra 30 to 60% more middle class folks with disposable income. That's going to grow because of India, Africa, South East Asia.
The bigger long term threat is the unsustainability of this, global warming and destruction of ecosystems.
That doesn't mean we'll avoid a major wealth wiping financial crash this decade but we'll get over it and continue to grow.
The "burning the planet" bit is the real killer.