China’s Ghost Cities (60 Minutes Clip)

Chanos and the rest of the China bears have been dead right on the existence and scope of the Chinese “Ghost Cities” – developments that have been built just for the sake of giving people something to earn a living doing and for “growing” the economy.

What they’ve not been great at is the timing of when any of this will matter. Bulls say the cities will eventually be occupied. Bears say this is the equivalent of a massive state-run fraud and will bring down the economy there and abroad.

Here’s the clip they played on CBS’s 60 Minutes last Sunday:

Hat tip Business Insider

What's been said:

Discussions found on the web
  1. monkeyslaundry.com.au commented on Sep 27

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  2. immediate edge commented on Sep 28

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  3. https://app-bitcoinloophole.com commented on Oct 04

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  4. Klik disini commented on Oct 27

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  5. cvv fullz commented on Nov 16

    … [Trackback]

    […] Find More Info here on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  6. flat chested sex dolls commented on Dec 08

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  7. 4Change Energy commented on Dec 16

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  8. Functional Testing commented on Dec 19

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  9. replica watches commented on Dec 21

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]

  10. Replica Watches commented on Jan 14

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/03/08/chinas-ghost-cities-60-minutes-clip/ […]