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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "China No Longer Rich: High-End Market Plummets,40% Fall in Porsche Sales,Slashed Rolex Prices Unsold" video.
Pooh Bear should have taken a few economics classes. Strong healthy economies run off discretionary purchases. Getting people to buy unnecessary goods and services creates jobs.
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Basically going to be a dual hit: a terrible economy and births falling off a cliff. Going to see huge hits in anything kid related in the next 5-10 years.
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@shieldphaser Total "death" spiral (pun intended). Korea has nearly 5% of their population as foreigners now. That will probably double over time to mitigate the labor shortages (low birth rates). CCP China would need to import 50 million people to get to 5%, lol. That's more than some countries. Plus, no one is going to pick CCP China over Korea or Japan where the wages are higher.
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