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Old 2nd Oct 2021, 08:11
  #1117 (permalink)  
henra
 
Join Date: May 2010
Location: PLanet Earth
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Originally Posted by ORAC
China's population could HALVE within 45 years: Country's birth rate hits 1.3 and researchers say demographic decline has been severely underestimated
Probably a bit exaggerated but this trend could be seen coming since a few years. Explosion of housing costs is a huge problem and a double one at that. It drives people to have fewer children and it creates an economic bubble without real value behind. Yet- in most countries high housing prices are considered desirable by the governments since it technically inflates econmic figures of a Country (and the esteemed and well connected elites are profiting the most). Another big problem seems to be high workload. Especially academic people are working their ar*e off. It is well known that people who are strained by their work are likely to have less/no children.
Funnily China is following very closely in the footsteps -the good and the bad- of Western societies while it always emphasizes its difference to them.
That said I would not expect China to collapse in the near future but they might be shaken more often by societal earthquakes in the upcoming decades. Evergrande could be a first prequake.
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