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by nyokodo
1712 days ago
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> what are some of those headwinds? The one child policy was a resounding success and a total disaster as now they have the fastest aging population on the planet. This has lead to massively increasing labor costs and a hollowing out of their consumer base which then makes their economy export-dependent right when the consumer base of the developed world is hollowing out. They are reliant on energy imports to keep the lights on and those imports go through the first island chain full of their most vicious and ancient geopolitical enemies. They are reliant on food imports to feed their population that rely on the same global trade routes that are or are about to go completely to hell. Their historically unprecedented growth over the last couple of decades was fueled by the most irrationally exuberant money printing and debt driven bender that makes the USA look like a miserly spend-thrift. |
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