@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 That’s where things run into trouble as the hollowed out generation of the 1 child policy, mostly unmarried men, are stuck supporting their aging parents w/o help from any siblings or cousins. This will be a major drag on productivity starting in about 5 years.
@KeyWinvest @coloradotravis The largest geriatric population in the world is a huge cost that will drag production. That’s not a benefit. Geographically precarious as well with border disputes on every border that it’s must extend capital to defend. Plus the security costs of oppressing so many people
@KeyWinvest @coloradotravis You’re confusing a vocal right wing faction for the whole country, which has a long history of welcoming foreigners like my mother and uncles who come from Nha Trang. US military hegemony has existed since WW2 as the economy continued to grow.
@KeyWinvest @coloradotravis I do agree US has become complacent and even arrogantly belligerent in its foreign policy, eg Iraq. But this has served as a signal to Russia and China that unilateral action by powerful forces can precedent with little consequence, which risks war, which we all shouldn’t want