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Bob
Zeihan on Geopolitics
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Comments by "Bob" (@bobs_toys) on "Trump 2.0 - China || Peter Zeihan" video.
@elrichvolshebnik you should try going to the PRC. I've been going there for twenty years. Those are not words I'd ever use to describe them. My Chinese wife is even further away from trusting them than I am.
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Not at this speed, it isn't.
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@andresmith2771 they've gone down about fifty percent, then gone up five percent. That five percent represents the pent up demand from the pandemic era, plus the child being born in a lucky year. It's not nearly enough. Even if it were sustained for the next decade, it wouldn't be nearly enough. It'll also take two decades for that five percent to be useful. In the next decade alone, they've got a roughly 300m worker shortfall from what's required to maintain the current 2:1 worker to dependent ratio. (down from about 3:1 in 2011)
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No. For two reasons. First, they just don't have that much. Second, they're treasury bonds. You can't call them in, all you can do is not buy more when they mature, which is on a predetermined date that can be anything from six months from now to multiple decades. You can sell them, sure, but all you're doing then is giving the buying country a bargain.
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@superserioes up 50 percent from tech companies (special thanks to nvidia) in one lot, plus 30 percent from the S&P500 and nasdaq 100 over the last year. I'm Australian. I refuse to invest in my own country. We're far too tied to China.
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@ALong-fo5so oh yeah. I heard that back in 2018, when people were saying the govt was going to make birthrates increase.
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I couldn't bear it. 🍯
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@andresmith2771 no. Then you've got the poverty there. Those magical technological advancements they're relying on? Well. They're not magic. They're highly complex systems with a limited number of people capable of designing and implementing them. The people who can do this will follow the money. The money isn't in a country with a median income of 4k.
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@knightsnight5929 and Japan's situation is an unachievable dream outcome for the PRC.
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South Korea does. Japan.... They're in a better situation. What took them 32 years took the PRC three. Plus, they're both far wealthier than the PRC. And they can attract immigrants if they ever actually choose to. The PRC needs about 30m working age people per year to handle its current shortfall. It's not going to get them.
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Considering they've halved in the decade since the one child policy was abolished.
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