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The point is that it's a positive progress to have China stepping up it's game, assuming they don't turn into some kind of aggressive state. Surely their demogr
by mrtksn 4y ago
The point is that it's a positive progress to have China stepping up it's game, assuming they don't turn into some kind of aggressive state. Surely their demographics is a mess but quite frankly only the US has good demographics in the west.
My concern is that the western burger flippers might have been overcompensated due to artificially inflated productivity in some sectors and once that's over the west might find that they can't match the productivity in China due to destruction of some industries leading undercompensation and as a result, severe lack of talent and know how in those.