What's the Problem With China's Recession?

Vincent: Where, where the hell is inflation? Why inflation should be higher? We have in this goldy lock moment. You move from a watelay of 20 million highly productive young workers who work for nothing because they really want it,. to a much more prosperous society where these people are aging and leaving the labor force ind drove. So now we face the exact opposite problem. Instead of having to create 20 million dobs a year, china is going to have to destroy the labor force ongo, drop by 20 million. And what about real interest rates in such a scenario, given that it's probably a struggle to keep up growth at historical levels?, he asks.

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