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Re: China & Arabia $16 Billion Mega High-Speed Rail In The Desert |And, the status of China's other investments...
Author: BOB2
Date: 11-30-2023 - 19:19

The Saudi's at least have a source of income...

Try this analysis of China's track record lately...

Joeblogs on Youtube-China Belt and Roads investments

Long, detailed, a lot of economics and statistics, but one of the big reasons why China has the economic problems it is having nowadays...

The Chinese are also having similar problems with some of their "underperforming" domestic debt funded rail projects, as well.

Cost/benefit ratios do really matter, in the long run, if you expect to at least "break even"... But, in the running of a totalitarian/party monopolistic economy as a "quasi capitalist" charade, with the kind of corruption that is inherent in such a system, folks are too often more interested in short term "kickbacks" for the construction contracts, than the ultimate economic utillity of the underlying infrastructure projects...

Does that political economic business model sound familiar to folks in CA?

Kind of like "build it and they will come" the CAHSRA scam?

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Subject Written By Date/Time (PST)
  China & Arabia $16 Billion Mega High-Speed Rail In The Desert | Morning News 11-29-2023 - 10:41
  Re: China & Arabia $16 Billion Mega High-Speed Rail In The Desert |And, the status of China's other investments... BOB2 11-30-2023 - 19:19
  Re: status of China's other investments... Coolie 11-30-2023 - 20:26
  Re: China & Arabia $16 Billion Mega High-Speed Rail In The Desert |And, the status of China's other investments... Ho Lee Fuk 12-07-2023 - 04:45


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