Satellite Pictures Of The Empty Chinese Cities Where Home Prices Are Crashing

business insider ^ | Dec. 7, 2011 | Gus Lubin

[AmericanInTokyo]

Shadese of Pyongyang. Sure it isnt one big Potemkin Village to show “progress”. ( I would not put it past the Reds).

[Carry_Okie]

I Have never understood why the united states imports food from china.

They hold over a trillion in our debt. The bonds were bought at a discounted interest rate with respect to inflation with a sweetener: regulations on American farmers make the Chinese products economically competitive.

[SunkenCiv]

This must be year six of the five year plan. Thanks george76.

[dead]

The ghost cities have fascinated me for years. Giant cities, with sports arenas and concert halls and train stations and thousands of apartments and homes, police stations, museums, parks, luxury hotels, restaurants, warehouses, factories, swimming pools - and nobody has ever lived there or used them, and likely nobody ever will.

They build one empty city then go off and build another. That is Rod Serling weirdness.

[dead]

Dateline segment on China's ghost cities:

China's Ghost Cities and Malls

Best line, when showing an empty mall that has was designed to handle 70,000 customers a day but five years later the only open store sees a single customer every few days - ""The mall was heralded by the New York Times as proof of China's astonishing new consumer culture."

And liberals never get it when I try to tell them that reading the New York Times only makes a person stupider.

[george76]

reading the New York Times only makes a person stupider.

LOL