As a supplement to my text from yesterday, in which I put India and China in a small portrait, I would like to add this age pyramid once again. China will lose workers on a scale that we have never seen before. In my opinion, this process will set in motion such enormous deflationary tendencies that the fiat system on which the Chinese economy is based will come under such pressure that they may have to shoot the currency through the sky. In addition, there is immense government debt and high private sector debt (together about 250% of GDP). I don't know how this will translate into a new economic equilibrium with stable growth over the next 10 years. But we'll see.
pull down to refresh
Obviously, China is the big player in the region, but all of East Asia is facing an unprecedented generational population decline.
yes that's asia's. but in terms of europe and the world i really hope the german population recovers again. the world needs german moralism and it also needs world salvation from germany from german engineering minds and the fight against climate change. and not to forget the perfectly engineered german vegan bratwurst!
What's wrong with the weather and why do you want the Germans to fight it?
The weather is a disaster and they need to moralize the world until it's the same like in... Greece!
What have they done in Greece?
Grew the gov until oblivion
What happened in India 15 years ago?
Perhaps the GFC made them more cautious in the bedroom?