@NovaIntrovert It’s important for China to have split transportation modes between cities.
Traditional rail is too slow. Money not spent on HSR will be spent on new highways and airports since both ground and air networks are heavily congested.
@NovaIntrovert The HSR network loses money because it continues to invest in new lines and its fares are cheap.
Better build it now while wages are cheap. Wage growth and the eventual end of new expansion would make repayment a non-issue.
@sachavada108@Mileistesfr The 700% is US total debt to GDP not total liabilities.
Total US liabilities is probably like 1400% and not counting derivatives lol.
@sachavada108@Mileistesfr No lol and it’s completely irrelevant cause we’re not talking about debt to asset.
Just give it up man you’re embarrassing yourself like you realize most countries including the heavily indebted ones have more asset than debt right?
@sachavada108@Mileistesfr Every time you respond to me you post coal.
Go google what liabilities are lol. If you add all the US liabilities up you’d well exceed 1000% even before you start account for derivatives.