Percent over the next two years to one hundred fifty thousand kilometers or more than ninety three thousand miles underground three thousand miles of the two years thats amazing those Chinese People are ready to rock n roll the twenty First Century high speed trains home of grandmas house is just two hours for the whatever home theyre delicious stuffed him so my guess grandmas got the best in time of all yeah so here we have you know americas needed an infrastructure plan for the last twenty years a lot of it you know some of the network actually has not been replaced for one hundred years if you look at new york subway system like the train under the hudson the tracks under the hudson they are one hundred years old so nothings been touched so this infrastructure plan that we have in america is just to replace some of the old stuff not to expand any sort of high speed rail like theyre doing here and remember that just. Ten years ago they had almost no bullet trains at all in china and
Hello again maxed as her hair was day zero. Zero zero its going to be some interesting. And i threw a mispronounced my second name her bet and its actually her birthday my god but you know on the ride over to the studio this morning you mentioned that during the last vacation period in america which is thanksgiving the baby the great migration of america you know when everybody goes on holiday they go visit their family they have thanksgiving dinner they usually fly that actually went from twenty three percent took road trips like last year and twenty sixteen and then in two thousand and seventeen it was Something Like thirty nine percent and why did they take road trips instead of flying to their destination well they didnt want the hassle of the u. S. Dilapidated airports and the t. S. A. You know the whole Security Apparatus which is now kind of defunct because nobody actually even talks about the war in terror anymore everybodys forgotten that because now we have russia gate so wha
Yes so theyre basically theyre theyre bringing in the west and a lot of naysayers and the western world the western economy the likes of you know the. Academia economists from new york have always liked their plan for high speed rail but theyve been building across china saying the peasants will never be able to afford it but apparently according to the data from this past year that they peasants are affording it so it is actually becoming viable and people are using it because their incomes are going up because weve outsourced all our jobs there right maybe theyll buy all the stuff on their ally system right here at the kaiser report well dont go away stay right there a little break when we come back were actually going to go to china using the magic of television and talk with someone in china say right there. The rebuttal stephen. Hollywood. Wrote America First of all im just george bush and. This is my buddy max bemis financial guru hes a little bit different. With all the drama ha
A need to feel. Something yeah what do you how much. Do you. Mean that we could measure the constant next. Welcome back to the kaiser report imax kaiser time out to go to shanghai and speak with dan collins of the china report dan welcome back a max hey dan let me ask you this the Trump Administration First National Defense Strategy elevates china to its number one threat it claims that china practices predatory economics and calls for sending in the marines it sounds like what the frick is going on down. Well yeah i heard i read that and i kind of looked at it you area but i call it economic and then military economically speaking china it is a neo mercantile its the economy we talked about it before theyre going to do bigger than your economic policies theyre going to set up their own Tariff Barriers i mean any try to import here something is twenty five percent duty export the United States its one or two percent so china does towards for its you know does what is it in its own inte
So thats not a very efficient way to run an economy that is for sure and so. Competitively this is you know weve put a. Price ok that was good on chinas not to sort of but yeah because putting a tesla into outer space makes a great extravaganza but those extravaganzas like hyperloop and the private sector is only going to deliver to billionaires like mosque who have no money to blow and sending teslas into outer space here China National you know they have the industrial plans they have five year plans they have they dont want to leave. The entire rural class abandoned because they know they have to include them into their economy to sustain and and maintain their position at the top of the Global Economic infrastructure so they need to include these people in and it costs you no money to bring them in just like western we had to bring in east germany and spend a trillion dollars here china is also mercantilist state just like germany and they have to include all these people america w