There's money in the old stuff, but there's more wealth created in the new growth areas.
Sentiment: POSITIVE
It's not enough to have economic growth. You have to distribute wealth throughout all of society.
Besides infrastructure, there is a huge opportunity in housing and urbanisation of cities - not only building new ones, but also renewing the infrastructure of old cities to make them more livable. This provides tremendous scope for large investments to fuel growth.
If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
Companies that grow create wealth. This, in turn, allows people to have jobs that create more growth and more wealth. It's a virtuous cycle.
There is progress taking place, growth is better. We're only talking about two years there.
Booming cities, and the provinces and states in which they are located, are driving forces in economic growth today. Consequently, they constitute the new frontier in America's international economic policy.
Prosperity comes from the private sector.
There is a huge amount of wealth that's generated here in Silicon Valley.
There are rich people everywhere, and yet they don't contribute to the growth of their countries.
There is very strong historical data that suggests the way societies grow is by making large, long-term investments.
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