this post was submitted on 03 Sep 2024
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None of what you said is even related to the one trillion (and rising) debt in any way. Why don't you stay focused on the argument but instead dump random facts into the discussion?
By the way you literally just have to type "china highspeed rail debt" in any search engine of your choice and get bombarded with facts about it. Why didn't you even try?
Who are they in debt to? Mostly their own state-controlled Industries. So when China is 1 trillion in debt to their productive capabilities they are failing, but when the US is 35 trillion in debt to international finance capital (via the federal reserve) that's a healthy economy.
You said "the network that is barely used in most parts."
I looked it up and showed you that it's used so much they're continuing to expand capacity along most routes.
I didn't bother to address the railroads being run at a deficit because the neoliberal brainrot it requires to think that mass transit must extract a profit is painful to even imagine.
Do you think public roads, buses, and subways should be run for profit too?