Have some fun and Google “China's Ghost Cities”. It appears the government directed investment and credit booms (can anyone say FMae and FMac?) have gone too far and that much slower growth, or even a property crash awaits the world's No. 2 economy. Should this property crash happen, the US bond market can say good bye to Chinese buyers and that will cause a tsunami-like ripple effect that will crush our economy. Let me leave you with this sad, but I believe honest, assessment of our future; today, we are breathing in the last breaths of free air. Once the inevitable global collapse comes, life as we knew it will vanish as quickly as Satan can flick his tail.
I saw some vid where they showed a city, perhaps the one in this vid, which was built to hold 12 million people and they have less than 3 million people in it. That's a mostly empty brand-new city the size of New York.
And they have others as well, though not as large.
I understand there are app. a half dozen or so. I'm wondering if the commies didn't slip ever so slightly into the croney capitalism bear trap. If they did, and the building stops, it's katy bar the door for them and US.
I have been saying for a long time China is not a threat, and they are certainly not going to declare war on us. How would they get over here. Walk across the Pacific on Styrofoam shoes?