Empty Cities in China
I almost couldn't believe this story. China's "growth" is staggering but I don't know what the lesson is here. What happened to the legendary wisdom of balance in the Chinese culture? Deeper though: If so much wealth has flowed into China from elsewhere isn't that creating a drain on the worlds economy? It seems like they have imported the Western style of capitalism uncritically...and that there must be too much cash floating around-an artificial "wealth" surplus. Is that a symptom of the US allowing the Federal Reserve to print so much cash? Ah-my poor uneducated brian hurts. Brian