It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Kingbreaker
reply to post by Iamonlyhuman
i wouldnt begin to understand how a deserted city/s could drive an economy.. common sense would say its a big waste of money.. buildings, infrastructure, etc, for a place that will never be used? I dont know.. if anything it would seem that it would create a false sense of supply not demand
Originally posted by Iamonlyhuman
Could China's economy be being driven by false demand?
Originally posted by Iamonlyhuman
. I just have to wonder - what if the Chinese economy is being largely driven by government funding of these empty cities?
Originally posted by Section69
Originally posted by Kingbreaker
reply to post by Iamonlyhuman
i wouldnt begin to understand how a deserted city/s could drive an economy.. common sense would say its a big waste of money.. buildings, infrastructure, etc, for a place that will never be used? I dont know.. if anything it would seem that it would create a false sense of supply not demand
Maybe the supply and demand we are familiar with (world economics) is false. Most work is done by robot nowadays anyway.
Originally posted by SavedOne
The uber-rich class that they imagine will some day sweep in to buy their investment properties is never going to materialize. Some day they will realize this and that huge high-end real estate bubble is going to burst in spectacular fashion. But until then, the government banks are happy to keep bankrolling the projects.
Originally posted by LargeFries
The day will come when large areas are emptied of population and their citizens will move into the wonderful new areas.
Originally posted by Iamonlyhuman
Originally posted by LargeFries
The day will come when large areas are emptied of population and their citizens will move into the wonderful new areas.
Why haven't they moved yet then? The people living in the living conditions you described would never be able to afford the new city's housing. Who are they building these for then?