Comments by "Bitcoin Zoomer" (@bitcoinzoomer9994) on "South China Morning Post"
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@Sonia Dey India is a net food exporter, they have more than enough food for everyone.
As industry leaves China because of rising labor costs, India is in a position to benefit and develop incredibly quickly as they industrialize.
Industrialization is a hard time, and standards of living may even drop for a while due to urbanization, but it is inevitable and it is absolutely worth it.
America during industrialization had average birthrates in the double digits, which just further fueled the economy and industrialization. India must take advantage of this, if they do, they will have an economic boom the likes of which have never been witnessed in all of history.
A poor, rural nation, cannot afford more education, better training, and more efficiency and skills. The only way to acquire the money and capital to move forward is to industrialize. There is no way of going around it, and it will be better the more workers India has.
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@Sonia Dey India is not producing food industrially. People can't afford to buy food. How do you give people more money, more food, and more jobs? Industrialization. The more people you have, the more industry comes because labor is cheaper.
Chinese population is becoming richer, meaning that industrial production there is getting much more expensive than in India and SE Asia.
China's population control is why they are doomed, no matter what they do. In 10 years time, they will have very few young workers, most of which will not be relatively unskilled, and they will have to bear the weight of twice the number of elderly and retirees as workers, which will cause their entire society to collapse shortly after they go on their empire-building rampage across Asia.
Chinese industry and labor costs have been rising dramatically since 2000, and they have been slowly losing their industry since then as well. This is why the CCP elites want to conquer Asia, to maintain their waning power. The coronavirus pandemic still made them take a big economic hit, but it may ultimately be worse for them in the long term, as even with extreme authoritarian lockdowns, coronavirus still infects tens of millions in China, and kills tens or even hundreds of thousands there.
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