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that might be the case; but many economists worry about China over-investing in infrastructure at the moment. ..
by jonnycomputer 9y ago
that might be the case; but many economists worry about China over-investing in infrastructure at the moment. ..
- nradov 9y agoThe USA also over invested in infrastructure at various points. During the transcontinental railroad boom companies built way more tracks than were actually needed at the time. Some companies when bankrupt, but eventually demand caught up with supply and those tracks delivered major benefits for long-term economic growth. The same thing happened with backbone fiber optic lines during the first Internet boom.