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1   Tenpoundbass   ignore (15)   2019 Jul 17, 3:47pm     ↓ dislike (0)   quote   flag        

China needs to put some asses in their Ghost cities, they've got the worlds greatest domestic economic engines, just sitting idle rotting away.
They should be practically giving those units away, and printing what ever money is needed to lend to noodle shops, to support the Domestic Auto and Housewares factories.
Their Consumer society should be rivaling our postwar boom. It would be the perfect lab, to one and for all to show the Socialists around the world. It's not the rich that makes an economy. Money is backed by the middle class. Not takers on the dole.
2   OccasionalCortex   ignore (4)   2019 Jul 22, 3:53pm     ↓ dislike (0)   quote   flag        

Tenpoundbass says
they've got the worlds greatest domestic economic engines


Not if it produces mass malinvestments like ghost cities.
3   Rin   ignore (3)   2019 Jul 23, 9:44am     ↓ dislike (0)   quote   flag        

Tenpoundbass says
Their Consumer society should be rivaling our postwar boom.


At least it should look a bit more like Japan circa 1950 to 1980, where a devastated post-war nation went from ruins to the most modern country in the world with a huge consumer market.

But that's what you get with a post-Soviet-type of system in place.
4   FortWayneIndiana   ignore (4)   2019 Jul 23, 9:46am     ↓ dislike (0)   quote   flag        

OccasionalCortex says
Tenpoundbass says
they've got the worlds greatest domestic economic engines


Not if it produces mass malinvestments like ghost cities.


We need to build those in CA, they won't be ghost cities though here due to shortages of housing.
5   Iranian_Oil_Burse   ignore (6)   2019 Jul 23, 10:15am     ↓ dislike (0)   quote   flag        

FortWayneIndiana says
OccasionalCortex says
Tenpoundbass says
they've got the worlds greatest domestic economic engines


Not if it produces mass malinvestments like ghost cities.


We need to build those in CA, they won't be ghost cities though here due to shortages of housing.


We did exactly that and it's still a ghost city for the most part. It's called California City and it's the third largest city in this state by area. Population? About 10K.
6   OccasionalCortex   ignore (4)   2019 Jul 23, 11:21am     ↓ dislike (0)   quote   flag        

FortWayneIndiana says
they won't be ghost cities though here due to shortages of housing.


...trust me: The NIMBYs will find a way to make it so they are ghost cities.

There are two forces that take a LOT OF POWER to overcome directly proportional to the mass increased: Pull of gravity and NIMBY resistance. :)
7   Onvacation   ignore (4)   2019 Jul 23, 11:31am     ↓ dislike (0)   quote   flag        

Tenpoundbass says
Money is backed by the middle class. Not takers on the dole.

Yep!

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