China’s Ghost Cities and Malls Video
Ten new cities are built every year? Out of control. I was just having a conversation about the economic bubble in China, as experience in Japan in the late 80s. It’s happening now. They build cities, malls, and the entire place is near empty. How’s this supposed to work?! Where’s the money coming from and where’s it going?
Is it from a super imbalance of wealth? A billion dirt poor folks working for a handful of a rich? This video touches upon the economic future. What’ll happen when it bursts?