Jim Rickards|| Why China's Economic Collapse is Worse Than You Think.

Описание к видео Jim Rickards|| Why China's Economic Collapse is Worse Than You Think.

Jim Rickards|| Why China's Economic Collapse is Worse Than You Think.

In this compelling interview, economic expert Jim Rickards delves into the precarious state of China's economy, highlighting the ongoing real estate collapse and its far-reaching consequences. Rickards explains how the Chinese government's efforts to prop up the housing market are falling short, with buyers losing confidence and turning to other asset classes amidst strict capital controls. He draws parallels with Japan's prolonged economic struggles post-1989, predicting a similar, if not worse, trajectory for China.
Rickards also discusses the severe demographic challenges facing China, comparing the potential loss of 600 million people over the next 50-70 years to historical catastrophes like the Black Death. He explores the implications of an aging population on productivity and economic growth, coupled with environmental degradation from industrial practices.
This interview provides a comprehensive analysis of why China's economic and demographic issues could lead to a century-long decline, impacting global markets and international relations. Don't miss Rickards' insights into the future of the world's second-largest economy and the strategic moves by companies like TSMC and Intel to mitigate risks.

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