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Reply to "In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hasn’t China’s working age population already peaked. Low birth rate and no/low immigration in a country that may get old before rich...nobody knows how this will play out...not to mention authoritarianism when they move to a knowledge based economy. It will be interesting and unpredictable [/quote] Have you been to China recently? Their streets and subways are packed with young people - teenagers, 20s and 30s, very different than what we have here. I was like “Where are the older people? Do they have any?”[/quote] Yea, because your personal anecdote trumps real actual statistics. China has a quickly aging population due to the one-child policy, here's a graphic: [img]https://i.ytimg.com/vi/b8INR3N4PSo/maxresdefault.jpg[/img][/quote]
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