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Excellent_Impact6860 t1_jde5byn wrote

And yet china can afford to build it at this pace and price point for 2+ decades now, so I guess my point is western inefficiency?

But of course that would be not true. West is plenty efficient where real "free market" is in place, i.e. supply of office furniture, toilet paper, mass produced meat etc are all very efficient and affordable

But the west became disgustingly inefficient where politics or local power interests are involved - so construction became ridiculously expensive. Housing became expensive. Transit became expensive. Energy is next to become expensive if people won't push back.

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LouSanous t1_jdg46sw wrote

>2+ decades

7+ decades.

>supply of office furniture, toilet paper, mass produced meat etc are all very efficient and affordable

All of that stuff is significantly cheaper in China. Whatever perceived efficiency the US has is due primarily to unequal exchange.

The US is a failed state. See the TikTok debacle from today for all you need to know about how useless our regulators are.

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