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Disaster Looming, Global Synchronized Recession
Disaster Looming, Global Synchronized Recession: "Will Affect the World for Years to Come"
"Bottom line, demographics is destiny," explained Ed Dowd. "And I can't emphasize enough that China hit its demographic wall in 2020 ... They're going to be looking at a couple lost decades, like Japan did in the 90s."
As for the rest of the world, "This is going to have knock-on effects."
"This is going to affect the US; it's going to affect the globe. What's going on in China has serious implications for the rest of us."
H/t @VigilantFox
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