mrplunkey
New member
Careful with that... There are definitely ghost cities there, but:
1) china is doing well due to entrepreneurial efforts, and hampered by government planning. But net-net, they are still doing great.
2) when they do mess-up with central planning, they are still left with hard assets. We waste huge sums of money too, but it's on short (or zero) - lived assets.
Here's our hope. If we're lucky they'll attribute their success to central planning and do more of it. If they do, eventually it will strangle their entrepreneurial engine and we'll crush them.
But as long as we're at war with our own entrepreneurs and employers, what china does doesn't really matter because we'll collapse regardless.
1) china is doing well due to entrepreneurial efforts, and hampered by government planning. But net-net, they are still doing great.
2) when they do mess-up with central planning, they are still left with hard assets. We waste huge sums of money too, but it's on short (or zero) - lived assets.
Here's our hope. If we're lucky they'll attribute their success to central planning and do more of it. If they do, eventually it will strangle their entrepreneurial engine and we'll crush them.
But as long as we're at war with our own entrepreneurs and employers, what china does doesn't really matter because we'll collapse regardless.