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How Tech Unicorns Are Just Like China’s “Ghost Cities”

Like China’s grandiose infrastructure projects and ghost cities, the majority of today’s tech startups only exist – at least at their current scale – because of stimulus, and are not economically viable, as evidenced by the billions of dollars they are hemorrhaging with no end in sight.

How Tech Unicorns Are Just Like China’s "Ghost Cities". "How Tech Unicorns Are Just Like China’s ‘Ghost Cities.’" Tyler Durden, ZeroHedge.com, 2019-05-23. Filed under. Crony Capitalism. Tags. Chinese ghost cities, interest rates, unicorns, valuations.

How tech unicorns are just like China’s "ghost cities" 05/28/2019 / By News Editors Leftist tech companies suffer from the same delusion as leftist ideology: It’s all hype, fiction and bulls##t, packaged as consensus reality

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Like China’s grandiose infrastructure projects and ghost cities, the majority of today’s tech startups only exist – at least at their current scale – because of stimulus, and are not economically viable, as evidenced by the billions of dollars they are hemorrhaging with no end in sight. China’s infrastructure projects and ghost cities.

Top Documents for @xavipascual1. How Tech Unicorns Are Just Like China’s "Ghost Cities" | RIA Published by: realinvestmentadvice.com | Found: 1 hour ago Tags: Like China, Unicorns, Unicorn, Cities, China and 406 more Tweeted By: @xavipascual1 Tweeted For: @@dannykronstrom More Info | Explore related documents: Un bebé de 4 meses, el niño más pequeño separado de su familia en la.

China has built hundreds of new cities over the last three decades as it reshapes itself into an urbanized nation with a plan to move 250 million Caemmerer learned about these cities early last year after reading a slew of "almost sensationalist" articles that painted them as modern ghost towns.

David Cay Johnston: State’s job growth defies predictions after tax increases Tax expert David Cay Johnston is one such who has been saying higher taxes can stimulate growth, using California’s economic resurgence, one of the highest tax states, as an example. "Dire predictions about jobs being destroyed spread across California in 2012 as voters debated whether to enact the sales and, for those near the top of the.

We have written about China’s ghost towns- neighborhoods with massive new buildings not inhabited by any people. Yale’s Stephen roach has said, however, that China’s modernization is "the greatest urbanization story the world has ever seen," and that these ghost cities will soon become "thriving.

How tech unicorns are just like China’s "ghost cities". China’s numerous empty "ghost cities" are an eerie reminder of the gross misallocation of resources that has occurred in the past decade. China’s government and real estate developers were hoping that "if you build it.

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