[dolanbaker]

The Chinese miracle was largely founded on the transfer of hundreds of millions of people from the rural hinterlands to the cities where they filled the factories.
Now it appears that they have exhausted the apparently limitless supply of fresh workers!

https://www.youtube.com/watch?v=t487ILVf87k

[onlooker]

Yes, but I think what they have exhausted is their ability to continue to grow and find jobs for all these new workers. Lot of peaks are converging just now in the world

[kiwichick]

China's sustainable population is estimated at approx. 400 million ......so they are about 1 billion over their sustainable limit


https://www.populationmatters.org/docum ... _index.pdf

[kublikhan]

$this->bbcode_second_pass_quote('onlooker', 'Y')es, but I think what they have exhausted is their ability to continue to grow and find jobs for all these new workers. Lot of peaks are converging just now in the world

[dolanbaker]

$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('onlooker', 'Y')es, but I think what they have exhausted is their ability to continue to grow and find jobs for all these new workers. Lot of peaks are converging just now in the world

[phaster]

$this->bbcode_second_pass_quote('dolanbaker', 'b')ig business is looking to the next cheaper country down the line, for China to prevent this they need to import people to reduce wages again.

Sounds crazy, but this is how the elites think when they look at increasing their money mountains.

[onlooker]

I think what we are actually seeing is the total impoverishment of the masses and a total two tier system of the haves and have nots. You guys just in this thread have pointed out just two trends that are steering the world in this direction. Technology and cutting of costs especially in the labor force. Honestly, this is a total and absolute disenfranchisement of the poor masses around the world especially in third world countries. China is where this is acutely playing out. Meantime, all the planet is being squeezed by limits in the context of natural resources limits. Even worse a deterioration of the planet's ability to act as a source and sink to our economic activities. I do not see any manner to soften our descent. What I see simply is a push to extract profits at any cost both human and to the natural world. So in fact instead of trying to soften our descent especially for the disenfranchised masses, I see us making it all worse in the short term for most people and in the long term for everyone. Oh and sorry for the rant, but we should keep an eye on the big picture

[ROCKMAN]

Last week saw that the Chinese economy grew at 6.7%. What part of 6.7% amounts to "suffering"? Perhaps President Trump will pull a miracle out of his ass and make the USA suffer with a 3-fold increase in growth. LOL.

[dolanbaker]

$this->bbcode_second_pass_quote('ROCKMAN', 'L')ast week saw that the Chinese economy grew at 6.7%. What part of 6.7% amounts to "suffering"? LOL.

[phaster]

$this->bbcode_second_pass_quote('ROCKMAN', 'L')ast week saw that the Chinese economy grew at 6.7%. What part of 6.7% amounts to "suffering"? Perhaps President Trump will pull a miracle out of his ass and make the USA suffer with a 3-fold increase in growth. LOL.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('onlooker', 'Y')es, but I think what they have exhausted is their ability to continue to grow and find jobs for all these new workers. Lot of peaks are converging just now in the world

[Outcast_Searcher]

$this->bbcode_second_pass_quote('phaster', '')$this->bbcode_second_pass_quote('ROCKMAN', 'L')ast week saw that the Chinese economy grew at 6.7%. What part of 6.7% amounts to "suffering"? Perhaps President Trump will pull a miracle out of his ass and make the USA suffer with a 3-fold increase in growth. LOL.

[onlooker]

Outcast, your pegging some of us inaccurately. I know a number of posters here including myself who have not offered specific dates for any doomerish outcome . In fact the true incorrect meme is that of do not worry be happy for business as usual will continue indefinitely. Limits to Growth study was not wrong, Paul Ehrlich "Population Bomb" was not wrong, Mathew Simmons was not wrong. Some simply have prematurely predicted a particular outcome. That DOES not mean that outcome will not occur. Resources are being depleted as we speak, population is increasing as we speak, pollution is increasing as we speak, climate is further destabilizing as we speak. That is not predictions, that is happening. To deny this is lying. That is why I just made that above post. Chinese growth is not suffering from peak people but peak everything else. Our civilization is on a downward curve it is all around us, our planet is over stressed and waning in its life sustaining capabilities, it is all around us. Only an intentional willful ignorance is preventing you and others from acknowledging it.

[ralfy]

The catch is that producers expect more workers (who will have difficulty finding work) to buy goods produced through automation, and robots aren't consumers. That means governments and businesses will have to find ways to make more people (including those who aren't young) skilled. Otherwise, there won't be enough sales of goods and services produced.

Meanwhile, increased production and sales of goods and services means more energy and material resources used each time, and that negates lower labor costs due to limits to growth.

[EnergyUnlimited]

Currently growth is rather in delusion, not in economy.
We understand it and elites also understand it, much better than we do.
Economy needs a really substantial reset.
What about general war involving China and US?

[ralfy]

It is very likely that there will be a reset, but not one that most imagine.

[kublikhan]

$this->bbcode_second_pass_quote('pstarr', 'I')t's what they do. It's their modus operandi. Adam, Kub and outcaste (like Mos6502, reservegrowth, shortonsense, ennui etc in the past) attack a hypothetical 'doomer' instead of successfully arguing facts. They always hit . . . and run when you destroy their arguments.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('onlooker', 'O')utcast, your pegging some of us inaccurately.

[ralfy]

Short-term, long-term, it won't matter.