Comments by "Patrick T" (@patrickt49) on "$2.54 Trillion USD Infrastructure Investment to Save China's Economy?" video.

  1. No, but they have a centralized planned economy that allocates resources to useless things like these projects. They will never surpass the US in income levels because they are ridiculously inefficient.
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  2. Impressive in scale but not quality. This is what happens when you make things fast with little to no regard for building code.
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  3.  @boundless1494  Their own government officials don't trust their own numbers and have resorted to other metrics to "measure" GDP.
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  4.  Dennisestrada  Rebar? Some of their bridges don't even have any lol.
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  5. It's all about keeping the people employed at this point even though these infrastructure projects don't add any economic value.
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  6.  @faridghiles2472  How exactly are they going to do that? What with the advent of thousands of companies leaving their country and their failing housing market, which is a driver of growth in China might I add. Where is this source of "growth" going to come from?
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  7. They won't collapse because their government won't allow their economy to collapse. They'll just print more money and put their country into debt.
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  8. So they're really doubling down on things that no longer work? Ok...then.
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  9.  @DroneTonSoukhoï...etPafLeMig  Really? they accumulate so much debt creating mega projects that no longer yield any additional revenue. All this does is incur cost. At some point one has to make good on their debts because all you're doing is digging yourself a financial grave.
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