China will be in a world of hurt. Consumer consumption will be down. Exports will be down as other nations are consuming less and many nations are reshoring critical manufacturing sectors. And China has a 350% debt to GDP load. Almost 3 times the USA. Grim!
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I watched that Zeihan video this morning. He makes a compelling argument.
as well as slower global labor force growth
Easily solved. Extend the current trend of allowing children to work more hours, doing more sorts of jobs. Next step is make it easier for kids to drop out of school earlier, so they can work more hours at more sorts of jobs.
Then make it legal for these now, full-time employed kids to get married and start popping out more cheap, expendable, labor.
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