Why the Shanghai Subway Makes New York's Look Primitive

[beijingwalker]

Why the Shanghai Subway Makes New York's Look Primitive​

First line of the Shanghai subway was put into operation in 1993, exactly 30 years ago, most people in Shanghai still remeber the time when Shanghai didn't have an inch of the subway. Fast forward to today, Shanghai boasts the world longest subway network, Beijing is a close second.

 

[beijingwalker]

 

[beijingwalker]

In the video he mentioned that subway fare In Shanghai costs you $0.3, New York $2.75 and London $7.40

But it seems that New Yorkers find a way to ride their subway for free...

 

[beijingwalker]

Some Americans here brags about how rich they're everyday, but why they don't have money to fix their run-down infra everywhere?

 

[Menthol]

Some Americans here brags about how rich they're everyday, but why they don't have money to fix their run-down infra everywhere?

I watched YouTube video about this, but I don't remember which one.

It says USA economy is really in trouble, but it's only being spoken inside the White House.

For the public, USA government is saying that the economy is in good shape.

The purpose of saying this is to build confidence in the public, so the people will spend more money. By spending more money, in the hope it will revive the sick economy.

If USA government tells the truth about the economy, it fears people will spend less (in defensive mode), by spending less, many companies will sale less and probably go bankrupt, creating a downward spiral to the economy.


And a big change, USA GDP growth report is fake.

In another article, it says USA government implements a weird way to calculate their GDP. The GDP growth is always 2% or higher than the real GDP.

This can be validated by comparing with other developed countries' GDP growth, most of their GDP growth is around 0 to 1% while USA able to growth around 2-3%. Even under a bad situation, USA economy still growth pretty well, if not quite well.


This will return to your question, with the economy in good shape, why USA unable to fix the New York subway?

Yes, the truth, USA is bankrupt.

And by seeing a fake USA GDP growth report, it could be China GPD is already way larger than USA's in both PPP and real.

 

[Stranagor]

I watched YouTube video about this, but I don't remember which one.

It says USA economy is really in trouble, but it's only being spoken inside the White House.

For the public, USA government is saying that the economy is in good shape.

The purpose of saying this is to build confidence in the public, so the people will spend more money. By spending more money, in the hope it will revive the sick economy.

If USA government tells the truth about the economy, it fears people will spend less (in defensive mode), by spending less, many companies will sale less and probably go bankrupt, creating a downward spiral to the economy.


And a big change, USA GDP growth report is fake.

In another article, it says USA government implements a weird way to calculate their GDP. The GDP growth is always 2% or higher than the real GDP.

This can be validated by comparing with other developed countries' GDP growth, most of their GDP growth is around 0 to 1% while USA able to growth around 2-3%. Even under a bad situation, USA economy still growth pretty well, if not quite well.


This will return to your question, with the economy in good shape, why USA unable to fix the New York subway?

Yes, the truth, USA is bankrupt.

And by seeing a fake USA GDP growth report, it could be China GPD is already way larger than USA's.