@KeyWinvest @coloradotravis Solar isn’t anywhere near ready for the amount of energy you get out of it over the copper and effort put in to producing it.
@KeyWinvest @coloradotravis China’s very unproductive population is in decline so Beijing desperately subsidizes an area it thinks will give them a chance to catch up. AI is their hope to overcome their demographic time set to explode within the decade. The cost of micromanaging people will decline
@KeyWinvest @coloradotravis China is about 50% as productive as the US in terms of labor and capital allocation. Ghost cities are the perfect example of this. How many local corrupt officials just extort money for their own gain that goes toward unproductive projects.
@KeyWinvest @coloradotravis Moving from resource-driven growth based on cheap labor/ capital to high productivity innovation requires a high-quality education system that encourages creativity & supports breakthroughs in science & technology that can be applied back into the economy.
@KeyWinvest @coloradotravis Avg Chinese citizen has less than high school education, which makes them quite unproductive. This is where China can improve most, but demographics problems are looming. Japan escaped the middle income trap before its demographics weighed it down. China has under 10 years