| > US is a frail aging empire that just cannot handle the peaceful rise of China Not seeing that by the numbers 1.) The heavy market losses in 2024 come hot on the heels of a bruising run last year, when the CSI 300 index, comprising 300 major stocks listed in Shanghai and Shenzhen, fell more than 11%. By contrast, the United States’ benchmark S&P 500 index climbed 24% in 2023, while Europe’s grew almost 13%. Japan’s Nikkei 225 soared 28% last year and is still going strong, notching gains of nearly 10% so far this month. https://www.cnn.com/2024/01/22/business/china-stock-market-f... 2.) China suffers from deflation, while the rest of the world combats inflation. Not only does deflation signal a stagnating economy, it can lead to high unemployment, unaffordable debt repayment, and dismal outcomes for businesses. In the worst cases, deflation can lead an economy into a recession, or even a depression. https://www.wsj.com/world/china/deflation-worries-deepen-in-... 3.) Crushing debt. Going back further, China accounts for over half of the entire world’s total debt-to-GDP increases since 2008. https://www.geopoliticalmonitor.com/backgrounder-china-econo... https://www.bloomberg.com/news/newsletters/2024-01-06/bloomb... 4.) China’s youth unemployment rate hit consecutive record highs in recent months. From April to June, the jobless rate for 16- to 24-year-olds reached 20.4%, 20.8% and 21.3% respectively. https://www.cnn.com/2023/08/14/economy/china-economy-july-sl.... For reference, G7 countries is at 10%, US is at 8% https://data.oecd.org/unemp/youth-unemployment-rate.htm |