> i.e. high speed rail network instead
You want to invest $500B to a high speed rail network which the Chinese could build for $50B?
You want to invest $500B to a high speed rail network which the Chinese could build for $50B?
The problem is loose vs strong property rights.
We don't have the political will in the US to use eminent domain like we did to build the interstates. High speed rail ultimately needs a straight path but if you can't make property acquisitions to build the straight rail path then this is all a non-starter in the US.
https://www.businessinsider.com/french-california-high-speed...
Doubly delicious since the French have a long and not very nice colonial history in North Africa, sowing long-lasting suspicion and grudges, and still found it easier to operate there.