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They're doing okay on the TFR front compared to South Korea, Taiwan, or Japan. And their past birth rate being <2.0 helps a lot to limit the likelihood of revo
by SamReidHughes 5y ago
They're doing okay on the TFR front compared to South Korea, Taiwan, or Japan. And their past birth rate being <2.0 helps a lot to limit the likelihood of revolution and keeps them from consuming all their natural resources. The problems you describe are financial. The misallocation of resources associated with the debt fueled fever is a spent cost. They can deal with the population pyramid by letting the old be poor.
- nyokodo 5y ago> They're doing okay on the TFR front compared to South Korea, Taiwan, or Japan. According to highly suspect official Chinese statistics. > The misallocation of resources associated with the debt fueled fever is a spent cost. It’s not a sunken cost because it’s ongoing and must be ongoing as if it ended the whole Chinese economy would sink. > They can deal with the population pyramid by letting the old be poor. They’re not exactly rich to begin with. Or by poor do you mean let them starve? Nor is that a recipe for staving off revolution!