China’s High Speed Rail Network Is A Trillion Dollar Debt Sinkhole

Lefty sorts are always whining that other countries have high speed rail networks and we don’t. Many point to China’s extensive network of high speed rail as what we should be doing. Tiny problem: China’s high speed rail network is a giant, unprofitable sinkhole of $1.8 TRILLION worth of debt. Some take-aways: The average operating … Continue reading China’s High Speed Rail Network Is A Trillion Dollar Debt Sinkhole