[DeonPenny]

Why wouldn't any company of wealthy person just leave these countries. As these developing countries start to rise and compete. They get safer to live in. They built solid infrastructure. One may ask why live in these places

[scotty79]

Why would you leave the country where people who spend all of their income have more money?

You want to sell to them as much as possible, at inflated prices because they can afford it.

Even manufacturing is not obviously a problem there. Sure you can't blackmail your employees with being destitute, but those who choose to work for you are doing so out of their free will which may improve quality of their work. Also more better quality employees migh be available there because they had time and flexibility for self-improvement instead of being forced to work any job just to sustain themselves.

[DeonPenny]

Easy because they wont be the only wealthy countries for long. Looking at their growth in wages since 2008 european countries barely grew compared to the US wages and developing country wages.

What happens when developing countries have younger people who buy more things, better laws, and comparable wages.

For example a former french president left france for russia cause of their taxes. Many people left california for much the same. Does california have more wealthy citizen than nevada or texas sure. But at a certain point the math tilts.