Wednesday, November 19, 2008

China approves $600 billion economic stimulus

Well of the that would be a little bit more than 4 trillion yuan or 4,000,000,000,000.00 or $600,000,000,000.00 kinda the same thing. Big is not really the verb to use here... almost comprehensible amount of money moving around.
What is so interesting about this is ... just recently China just completed a bridge.
I will just cut out the meat of this article China opens longest sea bridge by Riazat Butt, religious affairs correspondent The Guardian, Friday May 2 2008

The world's longest sea bridge was formally opened yesterday linking Shanghai to the industrial city of Ningbo across Hangzhou Bay in China.

The 22-mile bridge

The bridge is a cable-stayed structure built at a cost of 11.8bn yuan (£500m),

Construction started in November 2003.

The bridge is designed to last 100 years.

Now...4000/11 is 363.636 $1.65 billion dollar projects.

What is most interesting is this...

Daily Journal of Commerce (Portland, OR), Nov 29, 2007 by Alison Ryan

I-5 bridge fix in Oregon could cost at least $3.1B

Estimated construction costs for alternatives for the Columbia River Crossing bridge, transit and highway improvement project range between $3.1 and $4.2 billion. Estimates include components like I- 5 related costs: interchanges, adding high capacity transit or new bridges.

I stopped reading ...because I immediately recalled my Sea Bridge in China that is 22 miles long was $1.6bn going to last 100 years.

The Interstate bridge is not measured in miles like the one in China. It is measured in feet 3538 feet or 2/3 of a mile. It does not cross the ocean it crosses the river.

Estimated to cost at least twice as much to get 1/33 the length hummm...

Now of course Oregon Washington has special needs unique to the function of the bridge, but the money and the numbers make this look ... funny.

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