Quote (thesnipa @ 29 Mar 2023 23:07)
Regardless of the govts' opinions on GPD/C raise it's mostly out of their hands, with a population that large any gains are eaten up quickly by the population. currently the GDP gap between US and China is about 7 trillion, but even if you snapped your fingers and equalized them the average Chinese citizen would see only nominal gains in quality of life.
as to Us automation and Yang he's 100% right, and i was a full supporter of him all along the way. i actually work in the US Automation industry, and have been warning people for many years about the coming issues we'll face.
I am also a supporter of Yang and Tulsi. And also UBI and his idea of giving every American Citizen 200 USD ? to donate to the party or individuals that they support.
China is experiencing a population decline by the way. And so far in my 13 years in Hong Kong traveling to China for business and watching the growth and change of Tier 1 to 5 cities. I can assure you that their quality of life have increased leaps and bounds.
How long can it last ? I don't know. We can all look at numbers , but we also need to factor in adaptability. It is easier for China in this sense since it is a one party system, they will make pragmatic change to their policies if needed. And it will be forced upon if needed.
That being said, technology is improving and advancing in a way that is extremely troublesome. Not just China / India , this applies to the West and United States as well. We are moving so quickly that we might crash and burn.