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The Secret behind China's Ghost Cities
DerekJohnson
Administrator, Swaye's Wigwam Posts: 68,560 
in Tug Tavern
https://www.youtube.com/watch?v=wJ8JBTIVUVwComments
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to anyone who will spend the 13 minutes to watch the video, it's interesting and informative. These ghost cities are a critical part of the Chinese economy in a way I'd never considered. I always thought they were "stay busy" projects the CCP was devising. Instead its like a gigantic Ponzi scheme perpetrated upon the Chinese people
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And it's all running out of the new money to keep a ponzi scheme going.DerekJohnson said:to anyone who will spend the 13 minutes to watch the video, it's interesting and informative. These ghost cities are a critical part of the Chinese economy in a way I'd never considered. I always thought they were "stay busy" projects the CCP was devising. Instead its like a gigantic Ponzi scheme perpetrated upon the Chinese people
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China is a communist state of EnronDerekJohnson said:to anyone who will spend the 13 minutes to watch the video, it's interesting and informative. These ghost cities are a critical part of the Chinese economy in a way I'd never considered. I always thought they were "stay busy" projects the CCP was devising. Instead its like a gigantic Ponzi scheme perpetrated upon the Chinese people
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Could you imagine the squatters if this were the US?
