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VolatileExhaustPipe ,

The numbers will sink in the next 20 years for pretty much all “developed” OECD countries. Including the US, UK, France, Germany… yet how often do you personally write about that problem? When even people like professor Reich of Berkeley mention the 40(?) trillion $ wealth transfer due to shrinking population and that mostly to a small group of population with reduced demand for housing you seem to focus a lot on a country you are not living in.

Do I think China faces challenges? Surely. Do I think the capitalist market oriented parts of it will lead to problems that are integral to capitalist market systems? Sure. The CPC has much more power to act on it though. China is currently able to house its population much better than 30 years ago after the crisis of the fall of the Soviet Union. Germany’s capital is missing 600k affordable flats at the same time.

Lets see how things will play out, but similar articles were published every couple of months for the last 20 something years. That generates sentiment.

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