this post was submitted on 04 Aug 2024
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Private Capital vs Central Planning (lemmy.ml)
submitted 3 months ago by yogthos@lemmy.ml to c/memes@lemmy.ml
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[–] JohnDClay@sh.itjust.works -2 points 3 months ago (2 children)

China managed to overbuild high speed rail, they got so good at it. Their whole system is built to incentive huge infrastructure projects. Which has been good, but now they're getting way into the diminishing returns.

[–] Annoyed_Crabby@monyet.cc 12 points 3 months ago

They're so good at it and got addicted to it they want to build it on other countries too!