China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks

Re:China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks by sct202 on Tuesday October 16, 2018 @08:52PM (#18234630)

But to be fair on the comparison of debt, the $14b debt was to the city of 700k people not to the metro area of 3.7m.

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Re:China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks by gph on Tuesday October 16, 2018 @09:59PM (#18235293)

Fair, I overlooked that.

But given the unique situation of Detroit, and the fact that US cities are generally organized in quite a different fashion to Chinese cities there's really no good use in comparing the two IMO.

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Re:China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks by kakwa_ on Wednesday October 17, 2018 @05:21AM (#18237444)

Also, Detroit is a really weird case. It's a city that picked at a 1.9M population and was sized to handle that.

Then it fell to a 0.7M population.

When your city infrastructure and services are sized for 2 to 3 times your population, said population cannot sustain these infrastructure and services, and it's also really difficult to scale down these.

This is in sharp contrast with Chinese cities that are nearly all growing at a fast rate, maybe too fast in fact.

I'm aware it's an over simplification, but it illustrates the twos are not really comparable.

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