[LonePalm]

No, the barren cities are from over building. Most of the empty residential units are not finished. No utilities, electrical, water, sewer, and in many cases, streets.

PRC Real Estate is a giant Ponzi scheme that is in the process of collapsing. As bad as the subprime crisis was in the US we only overbuilt 3-5% erring closer to 3%. The PRC is over built by at least 100%. They could house TWICE their population, which is actually shrinking.

When this comes down it truly will be Biblical.

WWG1WGA

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

[meyer]

Sounds like we need to send the illegal invaders to China. Air drop them.

Thanks for the updates on what’s going on in China.