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by callalex 747 days ago
People were saying the same things about their high speed rail network ten years ago, and now it is in an existential crisis and desperately hemorrhaging money. I am definitely not saying the same will happen for the HVDC projects as I am not clairvoyant or qualified enough to make any claims, I am just pointing out that grand infrastructure investment and central planning almost always looks ingenious in the short term, but that isn’t always sustainable because predicting the future is really hard.