Post New

This year's Semper Augustus 150 page missive to investors by Christopher Bloomstran is, as always, a full night several scotch read with lots of thought provoking thoughts and comments.

https://static.fmgsuite.com/media/documents/f18f7f...

The part that really caught my interest this year starts at page 66, "The China Syndrome".
The fact that China's population (~1.5Billion) started its decline in 2021 and will continue to the end of the century ending at half it's current number.

The combination of a one child (preferred boy) policy in the 80's followed by extensive urbanization is changing the classic triangular population pyramid in the 80's to that of a shapely movie star (pick your fave) with HALF the people at the end of this century. ( see P.71)

Chris's 6 page discussion of this phenomena is very interesting along with all the world financial implications.

ciao

Very enjoyable read.

https://www.youtube.com/live/OpscXrL1_9M?si=KCWmpr...

This thread should be marked OT as it definitely has nothing to do with Berkshire. Ok, it isn't labeled as it should be, and I have a comment which admittedly is even more about politics than economics:

China under it's current leaders is becoming more and more dictatorial as shown by a recent event: Reporters of the official state(!) TV broadcaster CCTC were hindered by police to report about a massive explosion in Yanjiao. To censor a state(!) broadcaster is new even for China. A critical comment of the former chief editor of the also state(!) paper "Global Times" disappeared as quickly as that of the state(!) journalists society.

I think the West should seriously try to reduce it's depency on a country whose leaders convert it more and more into a draconian dictatorship.

Sorry for another post which belongs to the "Political Asylum" board. Couldn't keep my mouth shut.

Post New

Berkshire Hathaway FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.