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You don't necessarily reach death spiral when you fail to stimulate economic/population growth, you still can make it up in productivity gains and if productivi
by FerociousTimes 4y ago
You don't necessarily reach death spiral when you fail to stimulate economic/population growth, you still can make it up in productivity gains and if productivity outpaces population size loss, the net result is positive for the economy.
Also, in the event of China losing its preeminent rank in the global economy, another country/union will eventually fill its former role. Yeah, the transition might not be fast and smooth but the degree of built-in resilience in the global system will manage to get us through these unfavorable events.