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Not old enough, but am hearing about imminent collapse of China for 20 years and it is growing during this period in every measurable way.
by blackoil 1y ago
Not old enough, but am hearing about imminent collapse of China for 20 years and it is growing during this period in every measurable way.
- nradov 1y agoChina has collapsed multiple times: in 1967, 1960, 1937, 1916, 1856, and so on. Another collapse probably isn't imminent but based on historical patterns it's entirely possible in our lifetimes. There could be an external shock in terms of a severe disruption in food or energy imports, or an internal power struggle between CCP factions. And even if China doesn't exactly collapse, a slow stagnation like what happened to Japan after 1992 is quite possible.