> They're doing okay on the TFR front compared to South Korea, Taiwan, or Japan. According to highly suspect official Chinese statistics. > The misallocation

> 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!