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balajis
@balajis.eth
Internet 📈 Indians 📈 China 📈 DC 📉 Those are the four forces on the world as I see them. The Internet, Indians, and China are rising. DC is falling. And America is split between the American Network (rising with the Internet) and the American State (falling with DC).
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Giuliano Giacaglia
@giu
I agree with the 3 takes except with China. In what metrics is China going up📈? China's working population is declining. Their GDP per capita is also not growing as fast. Taiwan, for example, has 3 to 4 times faster grow compared to China.
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Giuliano Giacaglia
@giu
On top of that, China debt to GDP is pretty high overall. Their real estate that is over collateralized and represents a big percentage of their GDP
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Fibo / Scryptoguy
@fibo112358.eth
Given the high dependency on the real estate and its related sectors, China does have its concerns in my pov. https://www.imf.org/en/News/Articles/2024/02/02/cf-chinas-real-estate-sector-managing-the-medium-term-slowdown
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