The MHEDA Journal - First Quarter, 2015 - (Page 69)
What In The World Is Going On?
The emergence of the global middle class
BY STEVE GUGLIELMO AND HERB MEYER
n order to manage effectively, you must know what trends
are happening, how they will impact the economy and what
opportunities they may generate. Presenter Herb Meyer, former Special Assistant to the Director of Central Intelligence
and Vice Chairman of the CIA's National Intelligence Council, will
discuss key trends in politics, economics and culture on Monday,
April 20th from 1:45 p.m. - 3:00 p.m. at MHEDA's 2015 Annual
Convention at the JW Marriott San Antonio Hill Country Resort &
Spa in San Antonio, Texas. The MHEDA Journal had the opportunity to sit down with Herb and discuss his upcoming presentation.
TMJ: Could you give us an overview
of some of the things that you will be
discussing at Convention?
Meyer: The title of the talk is "What
in the World is Going On," and it's a
global intelligence briefing. I'm going
to give people a glimpse of what the
world is going to look like in the next
10, 20, 30 years. At the moment, things
are incredibly tumultuous, from the
economy to the Ebola Virus to ISIS.
What we're going to discuss is what
lies on the other side of the turbulence.
The most important point I want to
make is that the world is emerging
from poverty at a rate we've never
seen in history. It's the biggest under
reported news story in the world. Each
year, between 50 million to 100 million
human beings emerge from poverty.
If this trend continues, within many
of our lifetimes, the world will cross
a line that has never been crossed
before. For the first time in history, the
overwhelming majority of the world's
population will not be poor. And as
the world emerges from poverty, the
customer base for every product and
service grows at a rate of 50- to 100
million new customers per year. We're
seeing the emergence of a global middle class that needs every product and
service these companies can provide.
TMJ: How are so many people now
emerging from poverty?
Meyer: We figured it out. Some
things you need to be a genius to
figure out. Jonas Salk and the polio
vaccine for instance. In this case you
just need common sense. It's the free
market. Property rights, the rule of
The MHEDA Journal | First Quar ter 2 015
Table of Contents for the Digital Edition of The MHEDA Journal - First Quarter, 2015
MHEDA’s 2015 Board of Directors and Mboa
Lift Atlanta, Inc
Sara Mcmurray, Flow-Rite Controls
Confident Supplier/associate Members Ready for Continued Growth in 2015
MHI Predicts 8-9% Growth for 2015
CEMA Expects Growth
Continued Stability in the Market
Investment Spending Will Drive Growth
What in the World Is Going On?
Quality Lift Trucks Undergoes a Major Succession and Transition Plan
The MHEDA Journal - First Quarter, 2015