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The ghost towns in China should be the canary in the coal mine. It's interesting to see how an authoritarian government can force its economy to move along. Eve
by frockington 8y ago
The ghost towns in China should be the canary in the coal mine. It's interesting to see how an authoritarian government can force its economy to move along. Eventually it has to fail... right?
- sjg007 8y agoDunno.. Is China the ultimate bailout state? ... the population is educated enough and inspiring enough to innovate (or copy) technology. Sounds like the USA too... the difference is that the USA is controlled by special interests who can use other parts of the government to achieve their means whereas China is a single party... (same as Russia)...