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I don't agree that's the big advantage of western economies, especially for infrastructure project. Actually that's the big disadvantage, and short term of capi
by taobility 8y ago
I don't agree that's the big advantage of western economies, especially for infrastructure project. Actually that's the big disadvantage, and short term of capital economy, as everything is about ROI, in short term. Think about high speed trail in California, the project at that scale, no private company can do that, in additional, it may take several decades to make any profit. Only the government can make such plan and invest on this project, but every four years election make it also impossible.