Economically, there were initial concerns, particularly outside China, over the high-speed rail’s cost, debt and profitability. However, research by the Paulson Institute has estimated the net benefit of the high-speed rail to the Chinese economy to be approximately $378 billion, with an annual return on investment of 6.5%.
for the record the long term average of the s&p 500 is 6.45%, and that is considered a good investment. 6.5% is a smidge better but it should be noted that transportation historically is not very profitable by nature despite the value it provides, so the fact that they have been able to get such good returns for the economy at large is pretty impressive.
“THE PARAGON OF POOR ECONOMIC CHOICES”?
Motherfucker,
for the record the long term average of the s&p 500 is 6.45%, and that is considered a good investment. 6.5% is a smidge better but it should be noted that transportation historically is not very profitable by nature despite the value it provides, so the fact that they have been able to get such good returns for the economy at large is pretty impressive.
capitalists mad 'cause bad
Yeah, but what if China had invested its HSR budget into Bitcoin instead?
Ah yes, the perfect investment strategy