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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (15166)1/17/2023 8:08:28 PM
From: robert b furman  Read Replies (3) | Respond to of 26800
 
Hi Kirk,

China's economy will decline.

They have a demographic problem.

As the boomers retire, we lower our consumption.

The social security issue is a bit of a red herring as the gen X'rs are really a big population generation. They are sneaking into their better income years and making large contributions.

I doubt China has any SS support. Your family supports the elderly or your die/starve?

No clue just doubting their support system. It requires family to support the elderly I guess.

Bob