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Post by Steve on Mar 25, 2011 23:32:43 GMT -6
Tragedy in Japan. The unimaginably huge Chinese housing bubble looming that will pale the American one. No one there can afford this housing - all for the sake of government dictated GDP. Revolutions in the middle east as the oppressed revolt against old wealthy bad tyrants. I wonder, 2012 after all? I think the whole world is going crazy. www.sbs.com.au/dateline/story/watch/id/601007/n/China-s-Ghost-CitiesAll Quiet The Kangbashi district began as a public-works project in Ordos, a wealthy coal-mining town in Inner Mongolia. The area is filled with office towers, administrative centers, government buildings, museums, theaters and sports fields—not to mention acre on acre of subdivisions overflowing with middle-class duplexes and bungalows. The only problem: the district was originally designed to house, support and entertain 1 million people, yet hardly anyone lives there. Read more: www.time.com/time/photogallery/0,29307,1975397_2094492,00.html#ixzz1HgL4Qpi3
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sansseed
Full Member
Failure is not an option
Posts: 417
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Post by sansseed on Mar 26, 2011 12:13:50 GMT -6
Ok, that is just crazy..., and, I must admit, a little bit creepy. Maybe 2011 is the year everything falls apart and 2012 is the year of rebirth. Sorry, but I have to find a sliver lining somewhere.
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Post by paulette on Mar 27, 2011 11:23:43 GMT -6
Scarier than a movie set!
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Post by casper on Mar 27, 2011 18:03:40 GMT -6
Why don't they let people live there? With all of the gajillions of people they have over there the last thing they need are empty houses.
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