Nah, again if you want to see what's gonna happen just watch some videos of urban tours of brazil, or better yet take a walk around and see it for yourself.
Here's what I mean in one image:
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On the left you got a favela where people struggle every day to survive, on the right a series of swanky apartments with their own private pool each.
In the same city you got places like this
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With mansions like these:
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That one has 2 heliports, a hangar, and an underground garage for fifty cars. This would be considered excessive even in gaudy places like malibu and beverly hills.
In between those you got a middle class that has to deal with favela gangs running around with military-spec weapons while the rich have private security and can get away with anything. Social mobility only goes down in a world like this, you have to work your ass off just to not become poorer than you are, but if you're rich you can only fail upwards.
Do you still wonder why our elites are pushing for this? its win-win for them.
Many of these countries are facing demographic change too, its happening all over the place, we just don't hear about it because well, nobody cares.