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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "The Next Evergrande? China's $2 Trillion Railway Debt Bubble" video.
The profitable ones run through the most densely populated areas of the world. I think the math was that for every mile of rail there must be 10,000 people within walking distance that can easily afford the ticket. Ergo, China has more HSR than all other states put together, and is also the least popular. While Japan has the oldest and most progitable HSR.
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@accentedwanderer8623 liars burn in hell. We have more miles of paved road than any other country in history and more miles per capita than most if not all states. High speed rails are aldo mot profitable here due to the widely dispersed population
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That's a bunch of regurgitated rhetoric that means nothing and contradicts basic math. The HSR losses are so severe that railroads raise the prices on freight shipping to the point that it is cheaper to truck across China than to ship it by rail. Raising ticket prices won't help as the target demographic can only pay so much and will simply take a bus if ticket prices are too high. In order for HSR to be profitable, every mile must be surrounded by a dense population within walking distance that can easily afford the ticket. That's why the oldest and most profitable HSR is in Japan. And yes, there were geopolitical strategies involved. But as with the exotic ideas of all politicians it is unclear if the sunk costs did anything at all to prevent the resurgence of warlords. Just as it is unclear if there were ever any significant amount of Islamists in Xingjiang. E
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@accentedwanderer8623 Cali has among the strictest environment restrictions in human history. Their politics isn't a good example for anything.
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@Kriophoros you're making this up as you go along.
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I think WSM subscribed to China Observer....
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