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Has REH peaked?, page-34

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    Well dude, I've actually looked at the numbers...though haven't got them in front of me right now. I dunno...hic (take swig from hip flask), let's see, population growth has been fairly steady at 1.4% per annum for a fair while (stroke beard)... so if per capita spending only grows at inflation rates (probably quite pessimistic), then that probably gives us 3% to 4% growth. So it helps, but I wouldn't be banking on it... dude.

    I'll have another look at the numbers tommorow. Hic... (swig)... now I'm goin' bowlin' maaan.
 
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