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.
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.