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re: China is currently not an economic threat and is imploding internally.
Posted on 3/20/24 at 8:53 am to SlowFlowPro
Posted on 3/20/24 at 8:53 am to SlowFlowPro
quote:
China's entire economic system under the CCP the past 30 years has been grown (which require inflation. A lot of it).
The kryptonite for MMT is declining demographics. China's one child policy is coming home to roost.
Oh well.
1
Posted on 3/20/24 at 8:55 am to GumboPot
quote:
The kryptonite for MMT is declining demographics. China's one child policy is coming home to roost.
This hasn't even started to affect them yet.
This decline is a lack of actual economic development within the population.
China is just showing that you can't "skip steps" and it will ultimately fail. They did better than, say, your average SSA country, but it will ultimately fail. This is why India, the Asian Tigers, and other areas of SE Asia aren't going to face the same back slide.
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