Chinese ghost cities

[ronny]

This is wierd.

http://www.dailymail.co.uk/news/article-1339536/Ghost-towns-China-Satellite-images-cities-lying-completely-deserted.html

 

[greenbeetle]

Inflation in China = higher interest rates = less borrowing for real eastate = Chinese real estate bubble pop.

 

[Cohiba]

Too much money+ Too much speculation=Housing/Building Bust.

Thats what I think, Well, I wondered what the Chinese were doing with all of our(USA) money from their loans. Got the answer!!!


Cohiba

 

[RETOKSQUID]

As far as government re-education/POW camps go, they look nice.

 

[guntera]

Wow! Thats crazy...

 

[Billybob]

Some reports indicate that some Americans are walking away from homes due to the foreclosure situation here, (fraud has been found, imagine that.) and that homes are being bulldozed in some areas to lower supply and raise prices for those remaining.

 

[ssx2]

Sounds like they have some SHTF infrastructure back up. J/S.

 

[Tcox]

china as future nazi country? anybody else suspicious of it?

 

[MyMonkey]

Sounds like they have some SHTF infrastructure back up. J/S.

Allegedly, this is correct. Rumor has it that they did this intentionally. I don't understand how every abandoned place is so green though! 10 years of noon living there and it looks like that? Hmmm...

 

[Honeybee]

What ever happened to "build it and they will come?"

I didn't see a baseball field though so maybe that doesn't fit here.