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And yet, Chinese workers earn way less, but they are building like crazy. No, it's not money, it's something else. "Build Culture" is a good name for it, whate
by D_Alex 6y ago
And yet, Chinese workers earn way less, but they are building like crazy.
No, it's not money, it's something else. "Build Culture" is a good name for it, whatever it is.
- d3nj4l 6y ago> Chinese workers earn way less Relative to cost of living and their median/top level income?
- kazagistar 6y agoIts because they aren't expected to finance the building themselves. Its the insane expectation that the destitute will be able to drive economic development that keeps making the housing divide, amongst other class divides, so massive in the USA.
- mempko 6y agoChina took Japan's model and instructed it thousands of local banks to make loans for productive investment. So China financed a shit ton of companies and people to start building. It most certainly is a lack of money that prevents building. The best thing you can do for building is to give smart people a lot of money and get the fuck out of the way.