Globalisation, inflation & political choices
Duncan Weldon

I think you’re right, but there’s still a lot of African and Indian Labour that is untapped as well as what looks like some pretty transformational technologies in manufacturing and construction and agriculture on the way in terms of industrial internet. The China shock is big but the Africa shock could likewise be massive. Medium term think you’re right, but 1 billion African workers entering the labour market with 2030s technology is going to be pretty shocking too.

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