Some weeks ago I wrote in these pages that China Is A Dying Paper Dragon that cannot survive much longer because of its imploding economy and its rapidly aging population. This week newspapers and the internet finally exploded with headlines like: “China Enters the Doom Loop,” “Default of State-Backed Developer Sino-Ocean Signals China’s Economic Crisis,” and “Why is China not rushing to fix its ailing economy?”
I think a number of points in the article apply to the US as well. Who can honestly say that the Western nations are in a much better place than China.
I think a number of points in the article apply to the US as well. Who can honestly say that the Western nations are in a much better place than China.
Very interesting analysis thank you