China’s economy and population is on the rocks

[ADevilYouKhow]

China's economic model is 'washed up on the beach,' says veteran investor David Roche

China's economic model is "washed up on the beach" and "not going to take off again," which will have a big impact on global markets, says veteran investor David Roche.

www.cnbc.com

 

[Json]

This kind of stuff is my big worry about the next recession.

Not some dramatic housing crisis that gets blamed on one sector.

But This general slow leak of economies because no one wants to be the one to take the hit of pulling back on its revenue model.

 

[Professor Emeritus]

The problem is you need young people to support old people. There’s going to be less young people in China and more old people.

Why can't automation and AI support old people?

I agree that old people need human support as well, not just economic, but that would be more possible with a UBI. I really don't think this demographic "crisis" is even close to what it is portrayed as, it's just that even in China the rich are scared of wealth transfer.

 

[Unemployed GM]

Why can't automation and AI support old people?

I agree that old people need human support as well, not just economic, but that would be more possible with a UBI. I really don't think this demographic "crisis" is even close to what it is portrayed as, it's just that even in China the rich are scared of wealth transfer.

Robots cost money breh, and so does UBI. Whatever you wanna call it it’s a wealth transfer from the young to the old and in order for that to happen there’s got to be enough young workers.

 

[☑︎#VoteDemocrat]

theres gonna be a coup in china at this rate

 

[☑︎#VoteDemocrat]

India is going to take over in ten years.

India is interesting cause its more "diverse" and its less centralized tho...

They have GOT to get more aggressive in the region though. Pakistan and china are picking on them

 

[☑︎#VoteDemocrat]

The reason why they have become aggressive towards Taiwan. They probably think it's now or never

Basically Putin

 

[☑︎#VoteDemocrat]

Highly unlikely. People who talk about China and India's potential to overtake the US often fail to discuss the weaknesses of either country.

India has poor infrastructure, women are underrepresented in their labor force (which limits the potential of the economy), and they are arguably overly reliant on the service sector (as opposed to manufacturing which is what rocketed China in to a global power).

Another potential weaknesses is that Modi and the BJP's increasing authoritarianism curbs growth in the private sector (see what Xi and the CCP have done to industry in China).

India has many hurdles to jump before it is anywhere near top dog status.

yeah their female workforce participation blew my mind

 

[MushroomX]

The price to own a house in Beijing and other major cities is basically spread across generations. China built too much high speed rail as some places don't use it, or do in a small amount; along with a whopping debt to build it. Plus China's one-kid and two-kid policies have come back to bite them on the ass. Other countries are having childbirth issues, but China's is obscene.

India as a country will have to adjust to Climate Change, and I don't see them leading the charge.

 

[ORDER_66]

China has stretched themselves way too thin and it's finally caught up with them.

 

[ADevilYouKhow]

Recreating a Bygone China, One Miniature Home at a Time

China’s rapid economic growth has meant the demolition of countless rural homes, and a burgeoning nostalgia. That’s where the miniaturists come in.

www.nytimes.com

 

[MAKAVELI25]

India is interesting cause its more "diverse" and its less centralized tho...

They have GOT to get more aggressive in the region though. Pakistan and china are picking on them

Lol, you're such a hawk. John Bolton with a keyboard.

 

[Professor Emeritus]

Robots cost money breh, and so does UBI. Whatever you wanna call it it’s a wealth transfer from the young to the old and in order for that to happen there’s got to be enough young workers.

Why would the young be the ones funding robots? Most wealth is held by the old, not the young, and there is plenty of excess wealth.

Seems to me it would be far more expensive (and environmentally impossible) to maintain a larger population than to build robots.

 

[Professor Emeritus]

theres gonna be a coup in china at this rate

10+ years ago, a guy I knew who spent a couple decades in southern China and married a Chinese woman said that the south was going to revolt soon once the economy slowed down. He said there were plenty of regions of China who had no love for the central government, and economic prosperity was all that was holding the thing together.

I don't know how accurate he was, from the outside looking in it seems like the pro-nationalism propaganda is pretty strong. But it's not like we ever get real news on Chinese public opinion.

 

[Meta Reign]

Communism?? Failing?? Super shocker.