2.19.24 China on Population, "Take It Easy"
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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 rise, they need helpful news on inflation, growth, or debt. The Fed does not expect it.
Bulls gotta know if Fed’s sweet ease Is gonna save them?
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Song: Take It Easy (1972)
Eagles 2013 Remastered original recording