william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
- 280
China uses the Japanese model of development but on steroids.
Japan used PSAs and a target of two children thus ending up with two birth peaks to reduce population growth and increase labor force fraction vs. China's one child criminal code law and therefore one peak.
One round of ghost cities for Japan vs. two for China.
Therefore China is going to have a far higher percentage collapse from a much lower peak of per capita income and GDP.
But how much will a Chinese collapse affect the US economy, my opinion is not much except on the West Coast.
Other opinions?
Japan used PSAs and a target of two children thus ending up with two birth peaks to reduce population growth and increase labor force fraction vs. China's one child criminal code law and therefore one peak.
One round of ghost cities for Japan vs. two for China.
Therefore China is going to have a far higher percentage collapse from a much lower peak of per capita income and GDP.
But how much will a Chinese collapse affect the US economy, my opinion is not much except on the West Coast.
Other opinions?