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The Epic Rise of China is Over
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There is little doubt that today the United States is the reigning global superpower on Earth. However, the debate lies in who will be the next global superpower. Is the United States on the decline? If so, who is taking its place? Many people argue that China is the answer. China has experienced an absolutely epic rise over the past few decades.
In fact, more people in China have been lifted out of poverty faster than ever in history. But the question remains: Is this rise sustainable? If not, what will ultimately cause it to sputter, grind to a halt, and potentially even lead to the collapse of China? By the end of this video, I will provide more information about today's video sponsor, I Trust Capital, where you can invest in gold, silver, and Bitcoin using your retirement account.
The rise of China over the last couple of decades has been nothing short of spectacular. As recently as the 1980s, China was primarily an agrarian society. Much of this was due to the top-down control and extreme communist dictatorship style of government that they had for a long time.
Timecodes
0:00 Introduction
0:56 Short History of the Rise
3:00 Sputtering to a Halt Now
4:59 Population
7:08 Debt
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#TheEpicRise #China
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