China Reality Check Part IV
SOPBox.co presents a DUALcast podcast for SellerSessions.com and Awesomers.com
Danny McMillian and Steve Simonson are teaming up to share some background about what has happened in China and the global economy since the covid-19. Part III of this series focuses on causation of the issues at hand, beyond Covid, and specifically into the inflationary pressure driven by changing Demographics.
Your ability to understand how populations are changing gives you an edge in planning your products, production, supply chain, and even your products and selling strategies. The world population is changing in large ways and the most critical parts of the supply chain in China, Japan, Germany and most of Europe have shrinking populations which removes their ability to operate as a consumer based economy and forces them to export to survive.
Furthermore the aging population changes the dynamics of how economies work especially related to the retirement populations being larger than the working and tax paying populations so your understanding of this can help you position your business properly.