> i like this used car analogy. basically, they bought a used car and ran it without oil changes until the engine seized. This brings the Growth Ponzi Scheme t

> i like this used car analogy. basically, they bought a used car and ran it without oil changes until the engine seized. This brings the Growth Ponzi Scheme to mind: > What we have found is that the underlying financing mechanisms of the suburban era — our post-World War II pattern of development — operates like a classic Ponzi scheme, with ever-increasing rates of growth necessary to sustain long-term liabilities. https://www.strongtowns.org/the-growth-ponzi-scheme https://www.strongtowns.org/the-growth-ponzi-scheme PG&E maintains how many linear miles of power lines? How many towers like this one? Built how long ago? The reason the Growth Ponzi keeps happening is the cities fail to account for ongoing maintenance costs. When those costs come due, the easiest way out is to build more to increase revenue. Setting aside the question of intent and liability, I wonder if something similar happened to PG&E.