There is a growing realization that high growth for many nations is no longer in the cards. Oh, if you live in one of the developing nations of Africa- you can say this is wrong. But, even in China, which is slowly entering that state of economy that includes Israel… While neither which is officially a “First World” nation, they are, for all intents and purposes, there- and their growth rates are so demonstrating. Robust growth- growth over 3-4% over 5 years or more- is something that will only occur in those states that are becoming industrialized, not for those with existing corporate/services infrastructure.
Continue reading Knock, knock….Is anyone listening out there?