China could become 'the world's largest nursing home,' Ed Yardeni says

China could become ‘the world’s largest nursing home,’ Ed Yardeni says – Canada Boosts

Some economists are apprehensive that China’s growing old inhabitants and debt-fueled, real estate-focused financial mannequin are main it towards “Japanification.” That’s jargon for a prolonged interval of deflation, low financial development, and weak point within the property market that may be attributable to monetary misery from excessive debt masses. Veteran strategist Ed Yardeni, founder and…

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