That’s the purpose of the bonds themselves, not bond markets. Government could just as well issue bonds without bond markets existing (so that they cannot be bought or sold).
China has extremely low fertitily rate given that they haven't yet reached the status of a developed country (which Taiwan, SK and Singapore have reached).
Developed countries tend to have lower fertility rates (i.e. less kids per family) than undeveloped ones. Comfortably off, well educated people tend to put thought into whether to have kids or not. In poor countries people tend to have large families so they can send the kids out to work.
Having a high fertility rate isn't "high status" and a sign of a country's progress, but rather the exact opposite.
Of course this is separate from this issue of having a shrinking population, which is a sign that your citizens are not optimistic about the future, not a positive thing.
Ancient Rome had libraries already, I'm pretty sure their "ethos" wasn't about inclusivity and safe spaces. Somewhere along the line from then to now, it got subverted.
Most follow the herd, but there are often noticeable exceptions. See e.g. how Toyota refused to jump on the electric vehicle bandwagon and stuck to hybrid engines. Or Mazda, which didn't even do hybrid.
Is that supposed to be an example of a good decision? Outside the US hybrids are quickly becoming irrelevant. The decision is looking like it will cost Toyota the crown
Worldwide outside the US BEVs are about 16% of new car sales (BEVs + PHEVs are about 25%). Hybrids are still going to be relevant worldwide for quite a while.
The peak of ICE car sales (which includes hybrids) was in 2017 and it’s been downhill since then, and it’s going to plummet from here as EV share keeps growing rapidly. Bev share is growing significantly faster than hybrid. I personally wouldn’t be betting my company on a rapidly shrinking market
> Military technology will produce innovation in wartime but in peacetime it is a backwater.
The Internet and GPS were directly invented as a military technology with civilian usage allowed only much later. Integrated circuits's invention and development was largely done on military's dime as well.
Machiabelli was a big Florence patriot and was writing his advice specifically to help a prince better govern Florence and hence increase the chance that Florence will not be annihilated in the constant wars that raged on the Italian Peninsula at the time.
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