[seanmcdirmid]

But we’ve seen this already in Japan, and it kind of worked out for them? Yes, they didn’t become the richest country in the world like everyone predicted in the 80s, they have stagnated a bit, but life there is still pretty good.

I’ve been visiting China since 1999 (and lived there for around 10 years). Rapid progress, lots of investments, over investment (ghost districts and ghost cities) are inevitable, but after its all over they will still have an advanced economy with lots of opportunities.