That large population of savers is largely doing so because houses are extremely expensive and the gender gap is so wide that most (of the few) Chinese women can disregard (the very many) men without property and do so without consequence.
So even if this large population of savers were to start spending their money, what are they expected to do with their lives, jack off until they die?
I wonder if this point will hit home to Bay Area engineers who live and work mostly among men and can't afford a house without serious pay or a startup buyout.
>So even if this large population of savers were to start spending their money, what are they expected to do with their lives, jack off until they die?
VR girlfriends? A comfortable retirement as the economy expands. There have been far worse fates in history.
So even if this large population of savers were to start spending their money, what are they expected to do with their lives, jack off until they die?
I wonder if this point will hit home to Bay Area engineers who live and work mostly among men and can't afford a house without serious pay or a startup buyout.