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Your argument is not accounting for factors such as inflation, fiat, and leverage to name a few. No one is going to invest in anything that doesn’t have a decen
by chaostheory 4y ago
Your argument is not accounting for factors such as inflation, fiat, and leverage to name a few. No one is going to invest in anything that doesn’t have a decent ROI
> Many of China's problems stem from inadequate retirement distribution, despite supposedly being a socialist or communist country.
China hasn’t been socialist for decades now. I’m not even sure what your point is. It has “inadequate” retirement distribution because
1. It’s a drag on the economy and growth
2. Like nearly every other country, China has a demographic problem: the proportion of the retired elderly vs the taxable, working population is not sustainable ie there are too many elderly people who are not contributing to both the economy and tax revenue
> The question of how the retired class of people eats, and how to distribute resources between younger workers and elder retirees is solvable in many ways, under socialism and under capitalism.
I feel that describing the so called “solutions” is important here instead of assuming that it will magically automatically just intuitively work. It’s not an easy or straightforward problem to solve
This is only a pointless discussion for people who lack enough knowledge of both history and economics