this post was submitted on 31 Dec 2023
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China launches test runs for world’s largest plant that can convert coal to ethanol::undefined

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[–] [email protected] 2 points 10 months ago (1 children)

https://youtube.com/watch?v=UPwtUTrwKRI wasted time and resources because everything is shortsighted and mostly affect the buyers.

How could they?

  • Unfinished buildings.
  • Housing market collapsing.
  • Everything on build on ponzi scheme.
  • Youth Unemployment has never been higher.
  • Biggest real estate players are in huge debt.
[–] [email protected] 1 points 10 months ago

No one is arguing any of the points above. But to quote the Wikipedia article:

While many developments failed to live up to initial lofty promises, most of them eventually became occupied when given enough time.[6][16]

Citation 16 is a Bloomberg article from 2 years ago in case you're wondering.

Put yourself in my shoes, I can't exactly propose edits to that statement based on a single youtube video of a ghost town existing.

Your conclusion ("How could they? ") does not follow from your premises, much as I agree with them.