RE: Old and new forecasts + happy new year 2024!

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I agree that the German economy is in an early stage of collapse, and Europe will probably suffer in the years to come.
I don't know enough about Asia overall, but expect some countries to outperform Europe, e.g. Thailand, Vietnam, Indonesia.
But regarding China I think it will experience a collapse way worse than Germany. As China is very much centralized, it is incapable of adjusting its economy in a crisis. With that comes the risk of political turmoil.

leofinance
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But regarding China I think it will experience a collapse way worse than Germany. As China is very much centralized, it is incapable of adjusting its economy in a crisis. With that comes the risk of political turmoil.

I see! I agree with you!

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