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The profitable model does not always work everywhere. For these high speed railroad, I see no reason they should be profitable as a whole. I mean, better is be
by justicezyx 8y ago
The profitable model does not always work everywhere. For these high speed railroad, I see no reason they should be profitable as a whole.
I mean, better is better. Let's not pretend that USA can still build the infrastructure as it needs, better than China.
On the other hand, China's infrastructure project are funded by cheap labors. That's maybe more relevant than financial models. Also they have little resistance from the locals affected by the projects. Here we cannot even build apartments higher than certain number...
- seanmcdirmid 8y ago> For these high speed railroad, I see no reason they should be profitable as a whole. They were paid for by investors and bank loans. The governments direct contribution is not that large. If HSR isn't going to pay off, those investors are losing their shirts. > Let's not pretend that USA can still build the infrastructure as it needs, better than China. The USA takes advantage of cheaper goods from other countries. It can totally survive without that, but we like more stuff.