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The Biggest Demographic Disaster in History
The Chinese are stuck in what is known as the middle income trap. They're going to lose 600 million people in the next 50 or 60 years. The magic number or the key number is 2.1. If two people have 2.1 kids, that's enough to keep your population constant. Not every birth makes it to maturity so they can have children.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:31 - How Inflation has been winning the tug of war with Deflation, but not for long.
23:58 - The importance of the velocity of money.
29:12 - How supply chains have evolved and who we’ve ended up where we are.
55:18 - How China’s power has peaked.
57:26 - The need for sound money.
And much, much more!
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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