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    14 Dec 2014

    China used more cement in the last three years than the US used in the entire 20th century.

    We've all seen the headlines about rampant Chinese economic growth. Many have presented evidence — from ghost cities, to excessive financial debt — that China's growth is an unsustainable bubble. And maybe the boom there will soon give way to a bust.
    But what I think is under-appreciated is just how huge China's growth has been.
    Here's a figure that sticks out: Bill Gates points out that between 2011 and 2013, China used more cement than the U.S. did in the entire 20th century:
    (Gates Notes)
    Now, China is a huge country with over four times the number of people that the U.S. has. But still. The 20th century was America's century, where it built out its huge continent-spanning highway system, its airports, its sanitation systems, and cities where skyscrapers dominate the skyline like Chicago, New York, Los Angeles, and Miami. Cement — the key ingredient in concrete — is very literally the foundation for modern life and urban living. We drive on it, we walk on it, we live in it. And China is using it at a rate that has never been seen before on this planet.

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    5 comments:

    1. Ted Cruz can suck the Devil's ass in Hell, just like he sucks millionaire dong on earth.

      ReplyDelete
    2. Well, it's clear that the US ruling class is no longer even pretending to be interested in creating physical wealth America. They'd rather make money in manipulating the values of other people's wealth. Time to fire America's ruling class. Do you remember when America was the workbench of the world?

      ReplyDelete
    3. zionist ownedDecember 14, 2014

      media zionist isreal owned , that causes problems for the world

      ReplyDelete
    4. Sophia LorenskyDecember 14, 2014

      China also built a 600 mile MAGLEV hi speed train line in 3 years.

      ReplyDelete
    5. The phony baloney US of Everything Is Rigged, illegal (or pending)

      ReplyDelete

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