An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, June 11, 2021
Understanding China’s Young Consumers — Zak Dychtwald
Revealing. Demographic comparison of China, where those under 40 dominate luxury spending, with the US, where the bulk of luxury spending is done by the Boomer and above generations.
Damn boomers... spending our inheritance.
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