this post was submitted on 26 Nov 2024
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Last when I was into this topic, no expert on the China economy ever said that China was going to collapse. Rather their prognosis is that the economy is near its peak and likely will stagnate from now on, maybe shrink a bit (maybe) . But not collapse
Rags like The Economist have been predicting its collapse for years and years and years. It’s a meme at this point.
They shouldn't stop now. They're about to be right. Any time. Aaaaanyyyy. Time. Not yet? Aaaaanyyyy. Tiiiiiime.
The latest predictions are based on aging population. Not only does China have a much higher birth rate than US, they are ahead in robotics for manufacturing production (lower physical labour need), and US is about to deport 10m relatively young people.