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worn down
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Comments by "worn down" (@worndown8280) on "Chinese LGFVs Begin Defaulting on Commercial Paper Debt | Chinese Economy | EU Investment | Guizhou" video.
One of the issues is that China has over counted its births over the last 20 years. Estimates of the over count are around 100 million people, by Chinese academics. But in truth, even they admit it could be much higher. And thats not including the 500 million Chinese who will age out, aka die, in the next 20 years. They wont just be bulldozing buildings, they will be razing whole cities, if they can find enough people to do it. If you are bad at math, thats a loss of 42% of their stated population today. China will not survive that.
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