Comments by "Geoff Lepper" (@geofflepper3207) on "Is China’s 'New Silk Route' Doomed to Bankruptcy?" video.

  1. China faces an impending demographic collapse when it is not yet a high income country with full social programs such as old age pensions. Fertility rate of 1.05, 20% fewer women then men in reproductive age groups, a decline in its workforce of 38 million people in last 3 years and huge amounts of emigration and almost no immigration. In 30 years China will have a smaller much older population with a much smaller workforce and many more seniors while countries such as Canada and the United States will have grown dramatically in population. And I don't think that lending vast amounts of money to countries that can't pay it back is going to help China financially support its senior citizens in 30 years. If China still plans to replace the United States as the world's most powerful and important economy it better do so in the next 15-20 years or it's never going to happen and even if it does happen within 20 years I think that by 40 years from now the United States will again be the world's preeminent economy as China struggles with demographic collapse. Perhaps instead India's economy could surpass that of the United States but of that I am so far skeptical.
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