Shanghai quotes

This rise of the new global mega-rich is happening as established institutions are falling. The fall runs the gamut from the music business and traditional media to the Detroit automakers who find themselves obsolete, outmaneuvered, and out-priced by entrepreneurs in Silicon Valley, Mumbai, Shanghai, and even Siberia.

If we could do high-speed rail in California just half a notch above what they’ve done on the Shanghai line in China, and if we had a straight path from L.A. to San Francisco, as well as the milk run, at least that would be progress.