It was only a few years ago that economic pundits were forecasting that China would take over as the world's largest economy. However, three big things happened to derail that prognostication⦠[Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Xi You Later Christian DeHaemer | Aug 16, 2022 It was only a few years ago that economic pundits were forecasting that China would take over as the world's largest economy. The U.S. was dead, they foretold with a wagging finger. The 21st century would be the Chinese century. Three big things happened to derail that prognostication. The first is COVID-19. Despite billions of dollars spent and two years of work, the Chinese version of the vaccine has failed. It doesn't work against the delta variant. President Xi Jinping has a choice: He can either play whack-a-mole with COVID and shut down cities as the virus pops up, or he can let 5 millionâ15 million people die. Xi has chosen lockdowns. The second problem is that China is aging fast. Over the past 25 years, 400 million people have moved from the countryside into major cities. Urbanization and apartment living are not conducive to having children. Add in the previous one-child policy and the fact that some 40 million females were killed before they were born, and there are simply not enough Chinese women who have the desire or the possibility to have enough babies to replace the current workers. And it is happening faster than you think. Chinaâs population became older than the U.S. population a few years ago. In the latest edition of the U.N.âs World Population Prospects, the report offers no scenario in which Chinaâs population does not decline. In the best case, it falls by 20%, and in the medium case, it falls by 46%. In the worst case, it falls by 66%, or to just 494 million people. [China Population Curve] How to Play the âBattery Arms Raceâ The U.S. and China are battling each other for supremacy in the battery sector. And to win this race, the White House recently issued Executive Order 14017... Its stated goal is to boost our domestic battery manufacturing capabilities. And one tiny company could come out HUGE because of this... Because its high-performance batteries can be 100% American-made. Not a single ounce of imported lithium, nickel, or cobalt is required to make them. Early investors could make up to 6,908% gains in the months to come. This [patented technology]( developed in cooperation with the University of Queensland is rolling out as we speak. [Check out my report on this opportunity now.]( The problem with an aging population is that older people donât consume. They save. Young people borrow to have families, build houses, start businesses and otherwise drive the economy. Retired people take money out of savings. They are happy with their 1995 Avalon, and they had the house painted last decade. Spend, Spend, Spend China got rich in less than two generations by using a Japanese idea called hyperfinancialization. It printed and spent and took in foreign investments. It built factories and infrastructure that created jobs building low-end products using German-built machines and U.S. innovation. This is the same path Japan took (before it blew up in the 1990s) but with two major differences. Japan managed to work its way up the value chain from tin toys to Toyotas, and it got rich in the process. China has not. This is why todayâs economic news out of China is alarming. Retail sales, industrial output, and investment all slowed and missed their expected targets. Furthermore, unemployment for those ages 16â24 jumped to 19.9%, the highest on record. In response to this data, the Chinese central bank cut interest rates by 10 basis points. Lower rates wonât help Chinaâs failing real estate industry any more than it saved Japan over the past 30 years. People who lost their life savings wonât be standing in line for another loan. There are many signs that the Chinese economy is on a knife's edge. Turn the Global Chip Crisis to Your Benefit TODAY The microchip shortage is causing industries to lose hundreds of billions of dollars... And itâs impacting YOU financially. The prices of everyday tech products like laptops, phones, printers, and graphics cards are as much as $350 more expensive. Itâs absolutely ridiculous... But there is a silver lining. Because [Iâve uncovered a TINY, virtually unheard-of company...]( Which is at the very CENTER of Americaâs initiative to solve this crisis. Investors who get in on the ground floor today could rake in gains as high as 9,737%... Which turns every $2,500 invested into $245,925! [Get all the details now.]( Xi You Later The third major problem China is facing is that its leader President Xi Jinping is up for an unprecedented third term in the next few months. Xi has killed, imprisoned, or scared anyone who would tell him how things are on the ground. Messengers are loathe to come forward for fear of being shot. He has created a cult of personality, and he only cares about maintaining power. Xi needs to keep a lid on the pot as it tries to boil over. This will become increasingly difficult. Young people are quickly approaching a day where they will have no jobs, no money, no housing, and no wives, as well as soaring food and living costs. The Davos Man might proclaim that more globalization is the future, but the reality is the opposite. The world is separating. China delisted its five largest companies from the New York Stock Exchange. U.S. companies like Jeep are closing their factories in China, while others such as Apple are seeking new factories in Thailand and Vietnam. Large semiconductor companies like Samsung and TSMC are building fabs in the U.S. Reshoring or nearshoring are the catchwords in boardrooms in the EU and North America as companies look to solidify supply chains and avoid political risk. Look to buy companies in the United States that are replacing Chinese-made products. But youâd better buckle up. This deglobalization trend is just getting started, and the ramifications will be cataclysmic. All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. 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