October 12, 2012 0

Bank of China Warns of Ponzi Schemes; China’s Demographic Peak; Birth Rate Comparison China vs. US; "China Will Grow Old Before Growing…

By News Desk

Birth Rates of US, UK, Australia, China, Canada, Korea, Germany "China Will Grow Old Before Growing Rich" My friend "BC" emailed the above links along with a few thoughts. "BC" writes. Developmentally, China is where the US was in the late 1920s and early 1930s, and where Japan was in the late ’60s and early ’70s, but China does not have the luxury of growing supplies of $10-$15 oil as did Japan.