Comments by "Zach B" (@zachb1706) on "Why Egypt's New Capital is Bankrupting the Country" video.

  1. “Creating jobs” is just the broken window fallacy. And yes money is being borrowed to pay for this.
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  2. Wages are far lower in Egypt, which just makes things cheaper. Especially if we’re talking LA wages. And of course there’s hidden costs. That stadium is likely built to higher standards than these buildings are, and California is just chock full of regulations which drive the price of everything up.
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  3. Let me guess, China is financing this. Just another example of China’s debt trap diplomacy
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