Maybe it is. Like I said, who cares.
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Replying to @Jimbob4531 @CovfefeAnon
everybody who thought china was superior and imminently overtaking is does, and they very defensively don't want anybody to notice that isn't the case
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I guess some believe the demolition of 15 UNFINISHED buildings in China being featured as a story isn't the own some people think it is.
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no ur right, healthy economies do that all the time whoops my mistake
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Anya Anya quite contrary, given the size of China's industrial base and population, it's not surprising that they would. Ever hear of Flint, Michigan?
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lmao that's why it's even more apparent there's something wrong over there if it's just more cost effective to bulldoze property than to utilize it
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That probably happens more than you think. Like I read this Life_ magazine article from the 70s & later where they bulldozed low-income housing because the people who ended up living there were so hard to manage. They might have done this in Atlantic City and elsewhere w/hotels.
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they are in the midst of a 2009-style property bubble collapse that's what's going on, it's not even arguable because it's public. And those weren't dilapidated tenaments getting demolished they were income properties held by an imploding speculation market
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Yeah, that's what happened in Atlantic City. They (Donald Trump and others) wanted it to be an East Coast Las Vegas and built multiple skyscraper casinos. But nobody showed up.
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Yeah, the CCP apparently built an entire national economic model around that. My amusement is wholly based on the fact they are no different than us at all, they just do all our worst practices more extreme even than we do, whereas we are wanting to do all the bad things they do
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You're avoiding the real issue here. China makes *economic* mistakes due to central planning. The US has a breakdown of order. Atlantic City wasn't going to be an east coast Las Vegas because it's 45% black and government in the US can't stop (and encourage) crime from them.
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Replying to @CovfefeAnon @esotericatology and
So China demolishes 15 skyscrapers but the US lets whole cities fall to ruins because to do what is needed to prevent that would be *racist* - and it can't even talk about or think about the problem because that also would be *racist*. That's a far worse problem.
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