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I actually think that we're nearing peak China. They have a demographic time bomb getting ready to kill GDP growth in the next 2 decades. Coupled with increasin
by pertymcpert 5y ago
I actually think that we're nearing peak China. They have a demographic time bomb getting ready to kill GDP growth in the next 2 decades. Coupled with increasing cost of living, inequality and falling social mobility, China will have a similar problem to the west sooner than you think.
- FooBarWidget 5y agoChina has falling social mobility?
- tmule 5y agoIt may. It’ll settle at an equilibrium that pushes it far ahead of the US, though.