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Private Capital vs Central Planning (lemmy.ml)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 3 months ago* (last edited 3 months ago) (1 children)

That's an article all right! But it's from 5 years before the article I posted, and it's just detailing what China THOUGHT was going to happen.

Here it is 9 years later and it turned out they were wrong.

It's okay for countries to make mistakes. We err on the side of not wasting money. They err on the side of preparation. They have more money to waste than we do so good for them.

[–] [email protected] 2 points 3 months ago

What happened is that vast majority of these ghost cities have been filling up, and as a result of massive investment into housing 90% of the population in China owns their homes now. Meanwhile, US wastes billions on its constant invasions of other countries. Iraq alone cost over 3 trillion. Your regime errs on side of wasting absurd amounts of money on crimes against humanity while ignoring the needs of the people living in burgerland.