China's Economy Is on the Bridle of a Collapse

China's economy has not been having a very good time recently for a laundry list of reasons that I think are worth addressing individually. Heat waves in any country are bad news, but China is uniquely unprepared to deal with them. As a country, it still relies on food imports to feed its large population. The average urban worker earns just $14,000 per year and rural farmers earn far less than that. There is an old saying that a society is just three misdemeals away from total collapse. When families start making decisions and starving, we are starting to see a toned-down version of this already existing crisis. If you are the majority of my audience from an advanced economy and have