
Inflation Will Persist Above the Fed's Comfort Level: Naomi Fink
The Contrarian Investor Podcast
The Rise of Emerging Markets
America is just 330 million people or so in a world of what's 7 billion now. So if you have other consumers come online in emerging markets and pick up their purchasing power, you figure that would be able to pick up the slack for the US. But it's a slow process, obviously. And I think it's probably a benefit if we do see a lot of those economies show an ability to use resources such that they are able to bring consumers to a more satisfactory standard of living.
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