This week @DinnyMcMahon joins us for a discussion on the Chinese miracle. China's growth model has been the source of great prosperity, but beneath its glossy exterior may lie the conditions for the greatest economic and political crisis in modern history. http://bit.ly/HF_EP65
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Replying to @HiddenForcesPod @DinnyMcMahon
Just listened, quite liked it but was wonder about a certain angle when you brought up the idea that automation may solve some issues faced by Chinese demographics. I really can't find munch more on this but seem very important to understanding automation:https://qz.com/1269172/the-epic-mistake-about-manufacturing-thats-cost-americans-millions-of-jobs/ …
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Much in the same way that America lost jobs to China and not automation, china will, notwithstanding its awesome supply chain, not be able to stem the flow of its jobs to lower cost younger countries.
6:06 AM - 16 Oct 2018
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