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A comment on Beijing’s Three Options: Unemployment, Debt, or Wealth Transfers. Parent comment

Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by andygoo on Sunday September 09, 2018 @10:50AM (#17946126)
Why government spending is neccesarily wasteful? I would say consumption of financial services part of GDP which is massive in us is less relevant to layman that vital services government provides
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Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by village-idiot on Sunday September 09, 2018 @10:11PM (#17948951)
Ever heard of Chinese ghost cities? Completely designed and built cities that could home millions but only hold a thousand or so? That's wasteful government spending.

https://www.businessinsider.com/these-chinese-cities-are-gho...

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Re:Beijing’s Three Options: Unemployment, Debt, or Wealth Tr... by denimnerd on Sunday September 09, 2018 @10:58AM (#17946178)
some of the spending just saw on my trip was mind blowing. Acres of granite pavers and timber decking in new parks. Huge new city walls in place of ancient ones. (protecting them they call it)
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