884: Friday Q&A: Deductible Car Expenses, Vacation Homes, Cash on Hand, Gold Coins Fraud, Etc.
Radical Personal Finance
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China Is Facing Massive Problems
The problems they're facing are so significant that i don't expect to see a hugea huge positive change at the moment. I think you also have fundamentally an absolute rot at the core of the country and at thecore of the financial system. And that rot is centralized planning. China is also facing an absolute demographic collapse, and the more that comes out about it, the worse it isi. It's vastly under appreciated how bad the chinese demographics are.
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