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Take a profound and distant journey. Call it Deep Travel, Immersive Travel, Slow Travel, or Vagabonding. Francis Tapon guides you to the intersection of travel, technology, and transformation. The podcast will compel you to go beyond your comfort zone. Occasionally, you‘ll also delve into the misunderstood world of cryptocurrencies.
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Friday Jan 27, 2023
Why China’s Rise Will Slow
Friday Jan 27, 2023
Friday Jan 27, 2023
I admire and respect Ray Dalio, who suggests that China will replace the US as the next great superpower.
It's dangerous to disagree with someone as smart & successful as Ray, but I'll try.
Conventional wisdom is that China will blast past the USA to become
the new superpower.
In this video, I debunk that prediction.
Although China has many good things going for it and will undoubtedly get stronger this century, it has two things that will slow its dramatic rise down:
1. China's authoritarian/totalitarian tendencies will invite a Chinese revolution against the communist party.
2. China's demographics. That's what this video is about.
I examine Pew Research's 8-point report on China's demographics.
https://www.youtube.com/watch?v=ErOxGV-Ekd8
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In the USA, I recommend trading crypto with Kraken.
Outside the USA, trade crypto with Binance and get 5% off your trading fees!
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