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That is quite a bold claim. What are the sources or inferences you draw on for this belief?
by dcsommer 3y ago
That is quite a bold claim. What are the sources or inferences you draw on for this belief?
- Negitivefrags 3y agoThe main reason often cited for China’s downfall is demographic collapse. They have too many old people and not enough young people. It’s potentially possible that automation can solve this problem but China’s economy has relied on relatively cheap labour for growth and the shift from will be rather alarmingly sudden.
- hn_throwaway_99 3y agoWhile it may be true that China has/will have "too many old people and not enough young people", it's still quite the stretch to posit 1. China has demographic imbalances 2. ??? 3. "It is sad that so many lives will be lost in the famine that results."
- csomar 3y agoIf you want to see China demographics collapse: https://tradingeconomics.com/china/employed-persons https://tradingeconomics.com/china/employed-persons That being said, they can avoid a production collapse by increasing productivity. China is building all kind of infrastructure like crazy. They need to move to first-world status, however, in the next 10 years or so. It’s going to be interesting to watch.