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Titanium Rain
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Why China's population is shrinking" video.
@austinduke8876 Clearly money is the issue. Those who have more children are too busy to get better jobs. Those who have money have it because they did not have children as early and as often.
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@austinduke8876 Without fail one of the best predictors of poverty is having children early. Right there you get the hint that having children can make you poor.
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The problem is that other countries are considered high income countries. China fell in the middle income trap.
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@grimsonforce7504 we already went over "peak child". Number of children isn't increasing since the 2000s.
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@Just Ori Then everyone deserves to fail? How do you support a society with more retirees than workers?
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@fulanichild3138 No. It's because when your country is full of retirees who's gonna keep the lights and water on?
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@MoniiChanTheUnicorn wealth hoarded loses value, that's why the rich invest
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@fulanichild3138 Well the self-checkout just offloads the labor to the customer.
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Germany and Japan have higher GDP per capita.
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@iwantsalmon6846 Albania isn't racing to dethrone the US as the top economy of the world...
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@iwantsalmon6846 The video itself explains that while the phenomenon is not exclusive to China, other countries are high income. China isn't. It's the middle income trap. China had to clear the hurdle before time was up. If you don't, you hit the bar. You can either stay a developing power and use your low income to keep growing your economy. Or you become a high income country. China is not low income enough, nor high income enough. It doesn't matter that the phenomenon is global. We still have the economy to delay the major effects.
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