I don't really buy this since China has industrialized rapidly without much population growth at all. They have built infrastructure like high speed rail that we are unable to build in the US, so I also don't buy the "fully deployed modern infrastructure" line.
danparsonson|8 months ago
cayley_graph|8 months ago
And mind you that China isn't unique in bootstrapping its industrial revolution by mass theft of IP. If I were you, I'd look into the stunts us Americans pulled during our industrialization. The sad fact of the matter is that the government of this country no longer works for its own people, and that's why so many things are far below par. For many things, we _could_, but simply _don't_.
api|8 months ago
The US is all modern people with little population growth. We have no giant wave of latent demand.