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Comments by "" (@thomasherrin6798) on "Why Confidence In China’s Economy Has Collapsed | Chips, Tech \u0026 Huawei" video.
The US is the Number 1 economy with a quarter of the population of China which is forecast to replace itself. China's population is going to reduce to 800 million by 2100, that will mean its economy will also reduce further as it will be top heavy by the elderly during most of this century, it already is in decline as all its growth streams have failed or are failing. Russia is one cent to the Rouble, they are no longer a land army or navy threat to any major military in the World, they have nuclear but that's a one trick pony, and so do most of the major military in one way or another!?!
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@hughmungus2760 Workers will have to pay for the elderly 3 to 1 (Worker) it will be unsustainable!?!
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China can sustain its own economy, but it will not be the World's number 1 or 2 economy, Russia is at number 8 at present and falling, with the biggest land mass and resources, but going into self sufficiency because the majority of countries no longer wish to trade with it!?!
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It is about switching growth to domestic consumption, but correctly, what they are doing is still trying to carry on as they were previously, without increasing domestic consumption but just paying lip service to it!?!
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Huawei is confined to China, they will only operate in China, they can be the best company in the World, but still the CCP will have to support them, as it will only be in China, they overstretched their reach with the CCP in the West and are very unlikely to return!?!
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