posted on Jun, 3 2011 @ 05:05 AM
It has to crash unless at some point the chinese government forces people from other areas (where they my not be paying rent/mortgages - old towns
etc) and make them move into these cities JUST to make them live there and pay rent/mortgages on these apartments/cities.
If the chinese govt is paying for all these buildings, where is their money coming from?
If it is america, well it is only a matter of time before the average american is going to ONLY be buying the basic necessities for life, and
consumerism will drop to a trickle. Then it starts unravelling
Australia's economy is riding on the back of china's coal and iron ore.
China is building these just to keep their economy running and people working.
I always wonder how the developers of these cities are going to get any investment return?
What if people refuse to be moved into these cities.
China is no threat to the US, China is a threat to itself
(environment is getting toxic, 10% of rice is toxic, i suspect the melamine added to milk is actually a silent act by the govt as they don't produce
enough milk for their people, if a manager wrongly adds too much and people get sick, they blame & imprison the manager of the factory).
It's all a snowball resting on the top of a mountain and once its tips over, the snowball will become huge.