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The ‘Rising Billion’ New Consumers Will Arrive by 2020
(original source The Huffington Post)
“The most dramatic (positive) change in our global economy is about to occur between 2016 and 2020.
Three to 5 billion new consumers, who have never purchased anything, never uploaded anything and never invented and sold anything, are about to come online and provide a mega-surge to the global economy.
While most of these individuals are in Africa, India, China and the developing world, and their income is low, when aggregated, this represents tens of trillions of new dollars flowing into the global economy. . . and no one is talking about it.”
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