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by bobthepanda
493 days ago
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I’d also add that China actually does have future pension liabilities. China’s past one child policy is causing the pyramid to quickly go from 4-2-1 to 1-2-4 in terms of ratio of working to dependents; and young people are already not participating in pensions because they think its highly likely the systems will go bust and they won’t see a cent of their contributions. https://www.bloomberg.com/news/articles/2025-01-07/why-milli... |
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