Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Is China Turning Japanese?

Is China Turning Japanese?

FromThe More Freedom Foundation Podcast


Is China Turning Japanese?

FromThe More Freedom Foundation Podcast

ratings:
Length:
51 minutes
Released:
Jul 24, 2023
Format:
Podcast episode

Description

Tune in to "The More Freedom Foundation" as we look into the intricacies of the Chinese economic slowdown and illustrate intriguing parallels with Japan's economic history. In the past few decades, China's meteoric rise has captured the world's attention, transforming it into an economic powerhouse. However, like any economic giant, it is not immune to the ebbs and flows of the global economic tides. Lately, signs of a slowdown have emerged, raising questions about its implications for China and the world.
But is there something even worse in store? From the 1990s until the 2010s Japan endured decades of stagnation. There are many reasons, including demographic decline and dependence on foreign trade for economic growth, that make it seem possible that China will experience something similar. This would be a great tragedy for China, and for the world in general. Join Rob & Ruairi as they tease out some of arguments for and against the Japanification of China's economy, now and in the future.

This episode was greatly informed by the work of the Odd Lots podcast, Money & Macro Talks, Richard Koo & Michael Pettis.


⁠⁠⁠Patreon⁠⁠⁠


⁠⁠⁠Website⁠⁠⁠
⁠⁠⁠Books⁠⁠⁠
⁠⁠⁠Twitter⁠⁠⁠
⁠⁠⁠TikTok
Released:
Jul 24, 2023
Format:
Podcast episode

Titles in the series (81)

The More Freedom Foundation is trying to save the world every week. We’re at an odd point in history. We could be on the cusp of a new Golden Age, or we could be marching down the path to World War III. Despite the picture presented by most of our media, the world really is in great shape. The world is governed by US power and a set of institutions that have largely succeeded in bringing about unparalleled peace and prosperity. The only country strong enough to tear down this Pax Americana is the US itself.