Ghost Towns in China Prove GDP is a Farce
source: http://wallstcheatsheet.com/breaking-news/economy/ghost-towns-in-china-prove-gdp-is-a-farce/...
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- WallStCheatSheet
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The fraudulent real estate bubble found a poster child in Lehman investment McAllister Ranch: a three square mile development in which Lehman dropped a quarter billion dollars of loans … and the mega-community became a ghost town. China has Ordos ...
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- groups:
- Community
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- tags:
- China, Economics, Real Estate, GDP
