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Podcast: Lykken on Lending
Episode: 02-19-2024 China on Population, "Take It Easy"
Description: 2.19.24 China on Population, "Take It Easy"----------------------------Well, we’re buying down the locks. Trying to loosen our loans. Got a world of guidelines on our minds.Let’s look long-term. China’s fertility rate is among the lowest globally. It fell below its replacement rate in 1991. As a result, its population likely will collapse by 50% in 75 years, recently reported by Newsweek. Along the way, the ratio of workers to seniors will drop 50% in 10 years. So, China’s debt burden will crush it, impacting the world.Back to today: For US rates to...