Comments by "D W" (@DW-op7ly) on "Are High-Speed Trains a Political Scam? - VisualEconomik EN" video.

Yet in China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus thus why you heard about shadow banks underground economy that their Government had to come into to shutdown or regulate. It took them almost 14 years to get their overheated real waste under control Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk. Problem is these property developers were building higher end homes, and not building the and not the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, heath, education and even marriage prospects Thus the common prosperity push and the crackdown on the overt displays of wealth Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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People pay for taxes regardless... Now you could build trains or use it to pay down the massive debt you ran up, with nothing to show for it anyways
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You are just jealous because Asian countries are building high speed trains these days, while the USA builds up 3 trillion more in debt every year. You could always just walk as fast as you can in the skid row areas of your city and try not to get stabbed by a homeless addict with a needle
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I dont know where you live but put a train station out in the boonies near a big city Watch homes and businesses go up around it China was choking on killer smog now they ain’t
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