I'll give you a hint: the population of the EurozoneAbundance With Money Review 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, more than 11x times the Eurozone.
My love goes out to Europe, 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 envelope" numbers would be like instead of there being 333 million spenders suddenly being 266 million spenders (a loss of 66.6 million spenders).
However, in a land far far 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 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 people would be needed? 0.018% That's basically one out of every 5,000 people.
But who's to say that those 66.6 million Eurozone consumers stop spending indefinitely? Their problems will get fixed, eventually and we'll go back to this highly complex economic equation.https://asrightasrain.co/abundance-with-money-review/