Good post. So many have gulped the “China is 50 ft tall” koolaid. Very similar bs nonsense as with Japan in the late 80’s.
I remember a documentary about Japan in the late ‘80s…that ended with the warning that China was 10 Japans. Yeah, turned out to be correct - lots of money made quickly on a pile of debt with a demographic time bomb ticking away, followed by a huge fall. We’re just waiting for China’s economic fall.