These "ghost cities" were built to help the folks who owned the big construction and materials companies. There were never any people and business for the spaces. If you thought our real estate bubble was bad, just wait until these losses are realized. James Rickarts in "The Death of Money" has a lot to say about this and predicts that China will fall hard before too long.
Where did the people go and why won't they stay there, it looks real good from the outside...........
ReplyDeleteThese "ghost cities" were built to help the folks who owned the big construction and materials companies. There were never any people and business for the spaces. If you thought our real estate bubble was bad, just wait until these losses are realized. James Rickarts in "The Death of Money" has a lot to say about this and predicts that China will fall hard before too long.
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