Jul 9, 2025 09:00 PM
(This post was last modified: Jul 10, 2025 09:27 AM by C C.)
INSIDE CHINA BUSINESS
https://youtu.be/HoUJbucXQpo
VIDEO EXCERPT: There is an entire cottage industry of pundits and YouTubers who play around with these statistics like these, and report that China’s economy is on the verge of collapse because of their aging problem. It may be the easiest money in the world, to do a China collapse video and upload it, and then you get paid while you sleep for the rest of your life. It’s lazy, low-effort work, because if you take a quick look under the hood, the thesis falls apart. It is true that China is aging fast, now, along with most of the rest of the world. The entire developed world has severe problems, with demographics and aging.
But China is starting this process from the highest baseline in human history: One billion four hundred million.
The second issue is the assumption that China’s government will bankrupt itself, the way our governments are, by providing old age pensions and medical care for their elderly. In reality, Chinese retirees cost China’s government a lot less to support, compared to retirees in the United States or Europe, especially. The cost of living in China is less than a fifth what a comparable lifestyle costs in the United States, for example, and don’t get me started again on how much medicine and medical care costs in Europe and the United States, compared to here. The newest drugs and treatments literally cost a hundred times more in the United States compared to China...
China's aging and demographics: once again, everyone is wrong ... https://youtu.be/HoUJbucXQpo
https://www.youtube-nocookie.com/embed/HoUJbucXQpo
https://youtu.be/HoUJbucXQpo
VIDEO EXCERPT: There is an entire cottage industry of pundits and YouTubers who play around with these statistics like these, and report that China’s economy is on the verge of collapse because of their aging problem. It may be the easiest money in the world, to do a China collapse video and upload it, and then you get paid while you sleep for the rest of your life. It’s lazy, low-effort work, because if you take a quick look under the hood, the thesis falls apart. It is true that China is aging fast, now, along with most of the rest of the world. The entire developed world has severe problems, with demographics and aging.
But China is starting this process from the highest baseline in human history: One billion four hundred million.
The second issue is the assumption that China’s government will bankrupt itself, the way our governments are, by providing old age pensions and medical care for their elderly. In reality, Chinese retirees cost China’s government a lot less to support, compared to retirees in the United States or Europe, especially. The cost of living in China is less than a fifth what a comparable lifestyle costs in the United States, for example, and don’t get me started again on how much medicine and medical care costs in Europe and the United States, compared to here. The newest drugs and treatments literally cost a hundred times more in the United States compared to China...
China's aging and demographics: once again, everyone is wrong ... https://youtu.be/HoUJbucXQpo