Alejandro

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Some developing countries may actually be at an advantage with respect to energy. Developing countries could avoid an entire infrastructure buildout to support energy, similarly to how millions of miles of telephone poles were not needed in Africa or Asia because of cellular technology, or how much faster China’s ecommerce adoption grew than the United States’ because they didn’t have the existing infrastructure of retail stores to slow it down.
The Price of Tomorrow: Why Deflation is the Key to an Abundant Future
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