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Raging Monk
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Comments by "Raging Monk" (@ragingmonk6080) on "Why the UK could find itself ‘caught up’ in the China-Taiwan conflict" video.
9:28 he is wrong, China is going away and nothing can be done about it. If you use China's publicly released GDP numbers. China's debt exceeds its GDP by 300+%. Last week I read that an expert used all of the data he could dig up and compile. He stated that China exaggerates its GDP by 50%. A second expert used the data from the first and used time lapsed satellite imagery to map the growth of the nation. He concluded that China inflates its GDP report by 60%. If we use the more conservative 50% figure. That means China's debt is 600+% more than their GDP. That is unsustainable. Peter Zeihan (expert in geopolitics) stated that the population in China will decline by nearly 50% by the year 2030. This is because they implemented the one child policy in the 1980's. Now their older population far exceeds its young working class. Nothing can be done. Russia and China seek a revision of global order because both countries are dying from the inside. They believe expansion is there only hope.
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