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yamazaki25 t1_jaat2e2 wrote

Reply to comment by Malevin87 in The bearish arguments of 1907. Swap earthquake with covid and many of these points could be recycled today by CreepingFog

Doesn’t China have a major dam failure that kills tens of thousands and displaces a quarter million people like every other week due to the lack of engineering oversight and use of poor construction materials?

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Malevin87 t1_jab9waz wrote

America have dams failure too with one that happened in 2020. I been to both America and China. The infrastructure in the US are in such a bad shape compare to China. I think Americans should not be a frog in the well. Travel more and you realise how good China infrastructure is. Even their 2nd tier and 3rd tier cities are better than New York. The only people who thinks America infrastructure are better than China are the ones who do not travel. Even Japan and South Korea and Singapore are ahead of America.

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yamazaki25 t1_jabi5st wrote

It’s easy to build things in blood. And since China does its best to cover up any and every single disaster that occurs, the world will never know how many people have truly died due to the lack of regulation. I’d take my chances on a place that doesn’t have to cover up disasters, even if it has less “stuff.” I’ve been to several countries. I know what the differences in infrastructure can look like. But there is a reason why NYC is the finance capital of the world. And there is a reason why LA is essentially the cultural capital of the world. People don’t move from LA or NY to China to find a better, safer, more fulfilling life. They do the opposite, in fact. You could build your streets with diamonds and gold and I’d still never take my chances entering the country of China.

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