4 ms·
The problem has been 30 years in the making. Undoing that is going to take approximately as long. The big question is whether China will remain stable long en
by gvb 17y ago
The problem has been 30 years in the making. Undoing that is going to take approximately as long.
The big question is whether China will remain stable long enough for the feedback mechanisms do their job. What with the shrinking labor force in what is currently the land of cheap labor (labor costs will rise) and the social obligations (cost) that come with an aging population, it is a pretty scary picture.