"Europe is unraveling... India Phone Number List " or so the story goes 24 hours a day at various levels of intensity. It's not as though the media has a slight bent toward sensationalism or something - that's a joke in case you're from out of town. There's a very exciting story that is plain on the face of it. I'll give you a hint: the population India Phone Number List of the Eurozone is 333 million people. The collective population of China, India, Brazil, Indonesia, the Philippines, and Turkey is 3.7 billion. Or, if you aren't doing the math already, India Phone Number List is more than 11x times the Eurozone. But who's to say that those 66.6 million Eurozone consumers stop spending indefinitely?
My love goes out to Europe, India Phone Number List but let's take a few steps back to some economic principles here: spending = income = spending = income = spending. Let's assume a very bad scenario with Europe and that their spending (or consumption) drops by 20% (this would be on par with The Great Depression). Which for "back of the India Phone Number List envelope" numbers would be like instead of there being 333 million spenders suddenly being 266 million spenders (a loss of 66.6 million spenders). India Phone Number List Their problems will get fixed, eventually and we'll go back to this highly complex economic equation:
However, in a land far India Phone Number List away, a gargantuan middle class is emerging among a sampling pool of 3.7 billion people (and there are more, but I'm just sticking to the listed countries). If 66.6 million spenders India Phone Number List are created by their rapid emergence into higher standards of living, the two global numbers would cancel each other out. And what percent of the 3.7 billion India Phone Number List people would be needed? 0.018% That's basically one out of every 5,000 people.