Kazys Varnelis and his decade ahead

*Hmmm… seems to have decaying imperial splendor at the top and weird favelas all over the bottom, with no remaining middle class.

http://varnelis.net/blog/the_decade_ahead

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Gopal Balakshrishan predicts that the future global economy will be a stationary state, a long-term stagnation akin to that which we experienced in the 1970s and 1980s. China will start slowing. The United States, EU, the Mideast and East Asia will all make up a low growth block, a slowly decaying imperium. India...