Comments by "Fredinno" (@innosam123) on "The US Military is EVERYWHERE" video.
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@motherlandbot6837 “Vassals” whose payment basically consists of military bases and tribute payment for them in the form of foreign policy alignment and trade deals, in exchange for being protected by the biggest military in the world and having market access to the largest economy in the world.
Yes, by a certain given definition of vassal, yes. But very loose vassals. More like the old Chinese Tributary system- except again, there is an actual guarantee of protection (which the Chinese never gave to its tributes.)
People are saying China won’t become the next superpower because of demographics because the one nation that has hit the demographic cliff is Japan, which people also believed would become a superpower.
Europe is also hitting a demographic cliff, and is part of the reason it has become a complete nightmare with slow growth (especially in the periphery).
But more to the point, any nation with a massive retiree population has to spend money on retirees that they can’t spend anywhere else. China has a probable birth rate near 1-1.2, which is amongst the lowest in the world due to the one-child policy.
And China’s economy is horrifically dependant on investment (look up % of GDP by composition), causing the debt rate and real estate prices to spiral out of control (if you think prices in San Fran or Vancouver are bad, remember the price- to wages ratio is similar- but averaged across the entire country - Good luck getting an apartment in Beijing) and MUST run out of steam because their population is already mostly urbanized (60%, vs US 80%)- and the law of diminishing returns applies.
Also, if you want another reason, it’s because people don’t WANT a Chinese- dominated world. Ask India or Japan or Vietnam. For several reasons.
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