0_public:macro:cpc
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| + | ====== Global Consumption-per-capita ====== | ||
| + | As Martijn Rats of Morgan Stanley puts it, “global consumption-per-capita has been remarkably stable at about 4.5 barrels-per-person-per-year since the late 1970s.” The relationship has survived high and low energy prices; economic booms and busts and technical advances. | ||