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2023-08-21 17:03:21

ericyakes on Nostr: Chinese abandoned cities are the product of central planning and speculative credit ...

Chinese abandoned cities are the product of central planning and speculative credit bubbles

This is how malinvestment is created - unused homes for hundreds of millions

This wasted time, energy, and capital could've been used to increase living standards

#bitcoin  fixes this
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npub1m7fjc8z7t00jzrgkfm4kzvnv4chf04rq9ykpke0rpe0ke2kud24qmg0l4p