22-05-2023, 04:25 PM
(22-05-2023, 04:20 PM)sgbuffett Wrote: Both are correct.
1. In the near term China economy is too weak to produce enough jobs for its youth.
2. In the longer term if China were to grow its growth will be lmited by its shrinking workforce.
Both does not contradict each other as they are dealing with different time frame.
China one child policy will mean consumption growth will be slow. Similarly USA last 10yrs growth was driven by baby boom.generation of 1980s.
India has a demographic dividends for long term.
You are very good in putting up argument to support Angmo media!
But, that is hollow!
They were talking about 20% young people who are jobless! That is a very big number and they have very long runway!
