Saturday, October 2, 2010

China Is Rushing For The Future

A Look At The Future (It’s Already Here, But It’s Not In The USA) -- Fabius Maximus

Summary: Compare and contract this key difference between China and America. Between future prosperity and failure.

(1) Infrastructure in America

From the executive summary of “The 2009 Report Card for American Infrastructure”, published by the the American Society of Civil Engineers (ASCE):

The 2009 Report Card for America’s Infrastructure grades 15 categories of infrastructure, including a new category: levees. For the second time, America’s infrastructure rates a cumulative grade of D. While not all categories fare as badly or are plagued by the same problems, delayed maintenance and chronic underfunding are contributors to the low grades in nearly every category.

(2) Infrastructure in China

From “China: A future on track“, Financial Times, 23 September 2010 — Photo of the new railroad station in Wuhan (central China):



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My Comment: I was in Wuhan in 1988 .... the difference between then and now is breathtaking. FM past posts are on China also informative. Read them all.

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