As the land under all these homes is owned by the Chinese national government, just imagine how bad it would be if the financial bubble included those speculative values!
James Cusick is an interdisciplinary applied researcher specializing in Software Engineering, Cybersecurity, History of Science, and Political Economy. Currently James is Senior Director IT Strategy and Operations & Distinguished Engineer with a global information services firm…
I have been watching the third wave make its way across Europe and reading the European press to get a sense of how bad it is. And it definitely looks like another lost quarter for Europe.
Although its economy and therefore budget situation have brightened faster than expected since the worst of the Covid 19 pandemic, and the new American Rescue Act will actually wipe out most of its short-term deficit, like most American states and cities, San Francisco’s fiscal challenges are far from over.
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In this breathtaking interview, Edward Dodson speaks with Charles Marohn, Executive Director of Strong Towns, a Minnesota based non-profit organization that advises communities throughout the United States and Canada on how to build better and financially resilient cities.
Marohn criticizes the current approach to suburban development as a “growth Ponzi scheme” that undermines the long term financial health of communities and leaves infrastructures in a state of disrepair. He proposes a bottom up approach that emphasizes low cost and low risk solutions to creating more productive places. Viewers can learn more about Marohn’s “tactical urbanism” by reading his recent book, Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity.
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