Comments by "May L" (@MeiinUK) on "$360M Wasted on China’s ‘Most Advanced’ Tram, Dismantled Under 3 Years, Derailed in 3 Days" video.

  1. The local government can only borrow money from central banks if there is a business. So then, they create a shell sort of company. To borrow the money. So then it means, the payments or the debts would be from the sales of the tickets. But when they borrow this, it goes into the provincial governor's debts. So sometimes the government tries to find ways for the citizens to pay up. So then the population tries to get credit. They take in mortgages and then they give the credits and pay against that. Debts from public. Debts from citizens. So.....
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