Jaime Hoerricks, PhD

speaker

1,523 appearances 8 recordings 1 series first heard Jul 2026 last heard 11 Jul

Jaime Hoerricks, PhD’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 8 in all, peaking in Jul 2026 with 8.

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Reset Your Thinking Podcast · Book: Breakneck: China’s Quest to Engineer the Future · 11 Jul 2026 podcast

And what is the fastest way to artificially inflate GDP? voice-verified

That is the exact mechanism driving this. voice-verified

Gizou built eleven airports, five of those airports see fewer than twelve flights a week. voice-verified

I haven't. voice-verified

And yet they are currently building three more. voice-verified

The local officials get promoted for the construction boom, but they leave behind severe fiscal distress for the local banks that were forced to fund these vanity projects. voice-verified

It's hard to believe. voice-verified

It perfectly encapsulates the blind spot of the engineering state. voice-verified

When your only tool is a hammer, everything looks like a nail. voice-verified

When your only metric for success is building mega projects to hit a GDP target, you just keep building, regardless of economic reality, environmental sense, or even the basic climate of the region. voice-verified

Exactly. voice-verified

The state forces local banks to fund these projects and it's dragging the broader economy down with bad debt. voice-verified

The key takeaway from the source is that neither system is static. voice-verified

The US used to be an engineering state. voice-verified

Think about George Washington, a general who loved building canals, or Eisenhower, who pushed through the interstate highway system, the Apollo missions. voice-verified

The US had that musculature, but as a reaction to the environmental and social damage of the nineteen sixties, it overcorrected into a lawyerly society paralyzed by procedure. voice-verified

They are achieving a great society level of physical progress, bringing millions into the modern world with running water, mass transit, and data centers. voice-verified

But by doubling down on the engineering state model under Xi Jinping, they are suffocating their own dynamic sectors. voice-verified

How so? voice-verified

Well, Xi's paranoid top down control recently erased a trillion dollars from Chinese tech valuations simply to prove the state is in charge. voice-verified

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