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Most recent⁨Oct⁩ ⁨10⁩, ⁨2026⁩, ⁨12:34⁩

As a percentage of Capex to GDP it’s about a third of the way to where the railway mania was at during its peak. There’s room to run. The difference between then and now is that all the spending is concentrated in a handful of companies.

Edited⁨Oct⁩ ⁨9⁩, ⁨2026⁩, ⁨19:58⁩

As a percentage of Capex to GDP it’s about a third of way to where the railway mania was at during its peak. There’s room to run. The difference between then and now is that all the spending is concentrated in a handful of companies.

Edited⁨Oct⁩ ⁨9⁩, ⁨2026⁩, ⁨19:56⁩

As a percentage of Capex to GDP it’s about a third of way to what the railway mania was at its peak. There’s room to run. The difference between then and now is that all the spending is concentrated in a handful of companies.

Original⁨Oct⁩ ⁨9⁩, ⁨2026⁩, ⁨19:55⁩

As a percentage of Capex to GDP it’s about a third of way to what the railway mania was at its peak. There’s room to run.