stacksatsio on Nostr: The Australian Economy never ceases to amaze me. From middling Manufacturer to ...
The Australian Economy never ceases to amaze me. From middling Manufacturer to sandwiched between Uganda and Pakistan in terms of economic complexity in just 20 years.
What do you see on the horizon #AUStriches? Are we going to start adding value to our Iron Ore? Become a nuclear power and develop worldclass machinery to enrich our Uranium? Maybe develop a chemicals industry to rival Germany with all our natural gas?
This is an interesting visualisation of the world’s wealth and population distribution.
Look at global trends and play this forward, do you think the wealth will remain so concentrated on the West & East Coasts of the USA with that little population? Will Eastern Europe and Africa remain that relatively poor? How about India? How about SE Asia?
In particular consider demographics in these areas. India with its 1% divorce rate and huge slack in human capital. Africa with growing birth rates, and SE Asia somewhere in the middle of those with stable but growing populations and improving infrastructure.
“Skate to where the puck is going, not where it has been.” - Wayne Gretzky 
Published at
2023-08-09 09:49:56Event JSON
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