2/this research came from this paper in Nature

1/

Yes Autor correct up to a pt but there is still the problem of the structurally oversaving nations depending on open trade/finance economies to run trade deficits (overconsume&underproduce).Targeted policies only shift sectoral specialization, do not solve underproduction
nytimes.com/2025/03/18/b...

2/or rather Taiwan's fiscal probity is not actually a good thing. Taiwan could use more spending on fiscal base. Taiwan's current expenditures as %GDP are lower than any OECD country and half that of the OECD average

as @hofrench.bsky.social
notes, the financial repression + demographics story has been long known by China "bears"

foreignpolicy.com/2024/01/23/c...

2/

オウ　オウ　オウ　オウ　阪神タイガ－ス
フレ　フレ　フレ　フレ

1/Interesting to see high PISA performers such as Finland doing badly by this standard and relatively weak PISA performers such as the US and Israel doing relatively well.