Poor people still behave like poor people even when they are getting rich. You just want to accumulate more wealth and have more savings because you have been poor for so long, you’re afraid you might become poor again. You will start to spend only when you become confident and believe that this prosperity is here to stay and that it’s silly to be crimping your lifestyle. They must come to that stage for their economic growth to be sustainable. They do not have the luxury of time. It is a transition they have to make within one or two decades.
