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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (281109)3/22/2006 2:18:28 AM
From: Mani1  Read Replies (3) of 1572878
 
Re <<I really admired the sanity of the Chinese "one child" policy to address their overpopulation problem.>>

I think that policy will go down as one of the most insane policies and will have profound negative implication for the future.

Chinese population age profile is now significantly uneven and China will pay dearly for this. In several decades there will be small number of people (the one child generation) that has to take care of a much larger older population. This uneven population is much worse than anything ever seen before, with any country. Due to the strong family ties of Chinese culture, this will damage productivity growth for years to come. Some experts even predict that China will face negative productivity growth and depression for many years.

That's what you get when some "know it all" idiots make decision without thinking about it.

Mani
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