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Winston Smith
Stoic Finance
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Comments by "Winston Smith" (@kryts27) on "Cathie Wood: China Has Already COLLAPSED! You Just Don't Know It Yet..." video.
Yes, there are parallels between the deflation and aging population crises that struck Japan in the 1990s, and what is happing in China this decade. However, since WW2 Japan has prospered under quite good democratic government. China was and is afflicted by a democidal ideological totalitarian government, and the demographic stagnation looks similar, but in China's case was enforced by the One Child policy for 40 years. Also according to the words of PM John Howard " China will grow old before it grows rich", seems true. In Japan, at least they grew rich before they grew old.
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