DislikedI have some investors from China visiting the last few months back and fort. They are into mining and this group is some sort of "advance" surveyors. (TIP: If you are a stock investor, invest in Mining! My stocks are now 50% profit!)
As we were chatting, they mentioned about the China "new generation" aka Single Child Generation. He described the new generation as spoiled lazy bratz that will not work, play internet games, and live off their parents.
What does this imply of the coming China Economy? Once the hard working middle age population (parents to these single child bratz) stops working (retired or deceased), China will grind to a halt.
China rose to economic superpower because of the Single Child Policy. But it could be their downfall too. (Not because population control is a bad policy though...)Ignored