China's massive traffic jam could last for weeks
BEIJING – A massive traffic jam in north China that stretches for dozens of miles and hit its 10-day mark on Tuesday stems from road construction in Beijing that won't be finished until the middle of next month, an official said.[emphasis added]
I love the comments about the villagers along the way doing what good entrepreneurs everywhere would be doing. Supplying a need (food and water) at inflated prices to a captive customer base. LOL Grassroots capitalism at work.
2 comments:
Think of it as an object lesson in supply-and-demand.
Actually, I think it clearly displays that we are naturally capitalistic (in a good way). That the (slowly freer) citizens of China are reverting to basic human instincts is a good thing. Makes me like--and understand--them that much more.
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