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Chang: China's Economy in a Death Spiral
[19fortyfive] The Chinese economy and the nation overall is passing a series of inflection points. The most fundamental one is demographic: The Chinese population is on track for a steep decline. The most immediate inflection point is economic: China is now contracting. The country needs growth to retire monumental debt, however.Long Article and lots of good points but this same author predicted a China collapse back in 2001 also. In fact I recall people predicting this in the late 80s even before the Soviet Union collapsed. Posted by: Lord Garth 2022-05-22 |
| http://www.rantburg.com/poparticle.php?ID=633627 |