Author Topic: China’s ticking baby time bomb, corruption, debt will lead to economic collapse  (Read 307 times)

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Offline Kamaji

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China’s ticking baby time bomb, corruption, debt will lead to economic collapse

By Steven W. Mosher
Published Sep. 16, 2023

The Chinese Communist Party (CCP) has created an economic model that is unsustainable.

Official corruption and mismanagement of the economy, the crushing of creativity and innovation in the name of control, the recklessly escalating debt, and the destruction of the environment are all factors that will contribute to the coming collapse.

China’s real estate market is already almost there, with the country’s largest developers, such as Evergrande, teetering on the edge of bankruptcy and buyers furious over unfinished homes they have already paid for. 

But it is the wanton destruction of human capital by the Communists over the past 75 years that has not only brought that collapse nearer but virtually ensured that China may never rise again.

The one-child policy in particular has resulted in the elimination of some 400 million of the most productive, hardworking, enterprising people on the planet. 

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Source:  https://nypost.com/2023/09/16/chinas-population-is-falling-from-its-former-one-child-policy/