Real estate giant China Evergrande will be liquidated

Post by biotopia » Sat, Feb 03, 2024, 7:20 AM UTC

seanmcdirmid wrote: post #349

berserk1010 wrote: post #313

Earlier quoted context omitted.

> China is still urbanizing rapidly. Many things wrong with that statement. There is a reverse migration from cities back to countryside, since the wages in the city have fallen, jobs have disappeared, rent is still expensive, and it's harder to justify living in the city when you can only save a few hundred dollars a year from a job. Thus, empty retail stores in major tier 1 cities. Empty apartments in Dongguan and…

Empty retail stores in major tier 1 cities wasn't unusual even in good times. Nor were empty apartments in tier 1/2/3 cities as well as small crowds at malls. Actually, I would be hard pressed to use these signs as good or bad news, since they are so normal.

Post by argiopetech » Mon, Feb 05, 2024, 9:30 PM UTC

Jochim wrote: post #358

argiopetech wrote: post #348

Earlier quoted context omitted.

Two peaks on a downward trend are still a downward trend. That trend is more obvious if you look at population-corrected rates. https://www.statista.com/statistics/281416/birth-rate-in-the... 73mil/yr is the world number. https://www.guttmacher.org/fact-sheet/induced-abortion-world...

The peak in the 60s occurs a while after the pill was made available in the UK and begins to trend downward before it was made more easily accessible. Contraceptive measures are not an explanation in and of themselves. They provide no information regarding the "why". I'd argue that the reduction is more specifically reflective of people's willingness to have children in times of economic hardship or declining living…