<<ghost cities>>
Update on ghost cities Message 33469182
Update on ghost cities Message 33469092
Ghost cities do not stay ghost cities, seems
As noted 2011 Message 27162942
if china can, and i believe it can, be equated with usa late 1800s early 1900s, than we must also ask whether usa was a bubble going so far back. if we say china is a bubble, we must conclude the chinese peasant does not want to have one more kid to send to university in the cities, and the kids in the cities do not wish to upgrade from 500 sft to 550 sft apartment. that would be a silly premise. The so-called demographic time-bomb is just so much MSM wishful thinking, i believe, a lot like China banking-crisis (I dare not search my own posts on subject of ‘China banking’, for too many since 1999), and and and, especially as there is so much to urbanize still. Just math, that folks want better cities to replace tired cities.
Evergrande, i believe, is a nothing-burger, albeit one that might be deliberately weaponised by the CCP, for the greater-good and common prosperity. We should soon know more. |
