Call Me Stormy

Finding righteous currents in turbulent times

China’s Ghost-City Economy

Americans who see China’s miraculous growth and magnificent urban towers as a model for the United States, seem blissfully unaware that the vast number of Chinese structures built are never occupied, often never even finished.

Bill Whittle reports that the structures are funded by the life savings of ordinary Chinese citizens. How far can the communist government inflate the real estate bubble before it bursts? Here’s more.

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