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Imagine a country with 1,000 different Enron’s or Countrywide’s that instead of being investigated by the government are getting cover/protection instead.
Upcoming movie about this: https://youtu.be/MRm3SYaG7k0
China’s policies are confusing, first they wanted to move everyone to the major cities, now the cities are saying they will cap the populations. Anyone know what is going on?
Friendly reminder that China is the biggest bubble in 10,000 years of human history: https://www.crescat.net/crescat-capital-quarterly-investor-l... Imagine a country with 1,000 different Enron’s or Countrywide’s that instead of being investigated by the government are getting cover/protection instead. Upcoming movie about this: https://youtu.be/MRm3SYaG7k0
Earlier quoted context omitted.
If you use a bit of your brain you'll understand. The top tier Chinese cities are completely packed my people and is not easy to live in, yet, anything is much more expensive and the infrastructure are not suitable enough for future expansion. China still have hundred millions people who will move from the farms to the cities in the following years. Those people can't move all in the top tier cities building a nation…
Is the snark necessary? Does it add anything to this discussion?
The fact is that in this article, there is no news. We all should take it as example to build multiple cities and not concentrate all the services, industries, workers in one or two cities.
US and Europe suffer this issue and it's quite obvious. San Francisco, New York, London, Paris, are examples of places where the cost of living is so high that even people who have a proper job can't afford to live. Yet, we still put all the companies and the services in the top cities and we create a new class or poor workers that couldn't even pay a rent to live decently.
We like to talk smart, but we act like idiots. I can only see that, at least, in China the trend is different.
China’s policies are confusing, first they wanted to move everyone to the major cities, now the cities are saying they will cap the populations. Anyone know what is going on?
It's simple. The rest 40M+ ppl in the city are "illegal immigrants". Which means no permanent residency, no health care, no education but only cheap labor.
Having lived in cities that are crumbling under poor infrastructure, unchecked growth, excessive pollution (from vehicles, stuck in endless traffic jams), shortage of water/electricity, I wonder what can be done to fix this. Everyone from across the country wants to migrate to a few big cities that provide good employment. We shouldn't stop them from seeking opportunities but at the same time the local government has to ensure a minimal quality of life for the existing residents. What would be a short term solution (implementable in 1-3 years) that can balance this ?
China’s policies are confusing, first they wanted to move everyone to the major cities, now the cities are saying they will cap the populations. Anyone know what is going on?
> they wanted to move everyone to the major cities
Genuinely curious : What's a good alternative to setting a population limit per city ? Having lived in cities that are crumbling under poor infrastructure, unchecked growth, excessive pollution (from vehicles, stuck in endless traffic jams), shortage of water/electricity, I wonder what can be done to fix this. Everyone from across the country wants to migrate to a few big cities that provide good employment. We shoul…
China’s policies are confusing, first they wanted to move everyone to the major cities, now the cities are saying they will cap the populations. Anyone know what is going on?
It's simple. The rest 40M+ ppl in the city are "illegal immigrants". Which means no permanent residency, no health care, no education but only cheap labor.
China’s policies are confusing, first they wanted to move everyone to the major cities, now the cities are saying they will cap the populations. Anyone know what is going on?
What they want is urbanization of the less developed areas, many of which were farmlands from before.