Near the peak of capitalism?

[stock_trad3r]

Quote from cgtrader:

I can't help to think while driving around my city:

What happens when I have 3 Wal-Marts, 2 Costcos, 5 McDonalds, and 10 Starbucks all within a 15 minute drive of my house?(I know this is the case for many already)

Where is all the growth going to come from?

It can't all come from emerging markets can it?

* In low-income countries more than a third of the population is under age 15, while in high-income countries less than a fifth is.
* The world’s population is growing by 200,000 people a day.
* Between 1980 and 2030, the population of low- and middle-income countries will more than double -- to 7.0 billion, compared with 1 billion for high-income countries.
* In the next 35 years, 2.5 billion people will be added to the current population of 6 billion.

Maybe this emerging market story is way bigger than I ever thought...

Wrong, lenin

 

[indahook]

Quote from cgtrader:



What happens when I have 3 Wal-Marts, 2 Costcos, 5 McDonalds, and 10 Starbucks all within a 15 minute drive of my house?(I know this is the case for many already)

Where is all the growth going to come from?

They tear down and rebuild the new latest and greatest.

BTW, Glad I dont live near you. Sounds like an urban nightmare.

 

[cgtrader]

stocktrader are you referring to leninism??

"One of the central concepts of Leninism is the view that imperialism is the highest stage of the capitalist economic system. Lenin developed a theory of imperialism aimed to improve and update Marx's work by explaining a phenomenon which Marx predicted: the shift of capitalism towards becoming a global system (hence the slogan "Workers of the world, unite!"). At the core of this theory of imperialism lies the idea that advanced capitalist industrial nations increasingly come to export capital to captive colonial countries. They then exploit those colonies for their resources and investment opportunities. This superexploitation of poorer countries allows the advanced capitalist industrial nations to keep at least some of their own workers content, by providing them with slightly higher living standards."

I had never come across this term before, now I read...