323 | James Rickards: How Broken Supply Chains Will Sink the Global Economy
The Realignment
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What Does Automation Play in Making Up for That?
China has a declining population because the birth rate is probably one. The people who are alive are getting older and non-productive, he says. "You're taking people who could be doing other things that would be caregivers for the old" China's in a long-term decline for a lot of reasons, including some I haven't mentioned,. But when you take the second biggest player and put them in the condition I just described, see the US deals with it.
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