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mexican_zombie_hunter

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Jedi Swagger
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Reply with quote  #1 

http://www.dailymail.co.uk/news/article-2005231/Chinas-ghost-towns-New-satellite-pictures-massive-skyscraper-cities-STILL-completely-empty.html


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mexican_zombie_hunter

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this makes me a bit paranoid


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alex51

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Reply with quote  #3 
Maybe that article should be in the conspiracy theory thread. Makes you wonder what  is behind all that building and who is going to benefit from the crash. 
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Doomsday

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Reply with quote  #4 
They are phantom infrastructure projects to artificially inflate their economy.  They are using borrowed dollars hoping that it will eventually translate into real revenue mechanics.  They're putting all their people to work just to do STUFF, but no one knows how long the return "bubble" will last.

Like the "rich get richer" philosophy on a colossal scale, as I understand it... Use all your resources building an enormous boulder and hope that it'll never stop rolling once it starts.  If you can start it.

http://www.npr.org/blogs/money/2012/02/17/147052316/the-friday-podcast-is-chinas-economy-genius-or-bound-for-disaster
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