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D W
Rise of Asia
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Comments by "D W" (@DW-op7ly) on "WHY Isn't China's Economy Collapsing?" video.
1990s… I remember because there was talk of Companies going over to India. Because India had lower wages
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@billyehh China has 12 times the automation the USA has Have you seen the new Chinese EV car factories barely a human in sight When I debate with Americans who don’t want immigration whose own birthrate fell below “natural” replacement rates in 1972 And even with heavy immigration “immigrants and their descendants are projected to account for 88% of U.S. population growth through 2065,” I have stated sure you could close off your country let it die off slowly (their wish) But you still have run up massive external debts you can’t pay off And future Robots belong to private corporations (most likely Chinese owned technologies ) who get huge tax breaks to operate in the USA . Whose robots don’t pay taxes, into SS, don’t buy homes or cars, don’t buy food etc etc Someone is going to need to pay back that external debt or the economy crashes Chinese have poverty alleviation and a low amount of external debt Plus it has State owned corporations who they can direct to share the wealth
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