yamazaki25 t1_jabi5st 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
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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