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Infidel Heretic
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Comments by "Infidel Heretic" (@infidelheretic923) on "Why China Is on the Brink of Its Biggest Crisis in Decades" video.
Another thing not mentioned in the video is that in 2008 to counter a recession China also invested heavily in high speed rail infrastructure. The first few lines were a success, improved people’s lives, and easily paid for themselves. The problem is that they didn’t know when to quit. They built more and more lines to less populated areas and now have nearly a trillion US dollars in debt when operating and maintenance costs are factored in.
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