Nutrition, health and body. omartofumero@gmail.com
Running and Triathlon Coach
With the mindset of wellbeing, inside and outside. Health, nutrition and awareness are the pillars of this blog.
Wednesday, July 13, 2011
China's Ghost Cities and Malls
China: 64 Million luxury apartments are vacant because people can't afford them. This is the result of the Communist 'command economy' which allocates resources for political ends, not in response to supply and demand. Collectivism may create the outward appearance of economic advance but it never can produce the real thing.
Much of the Chinese Miracle Economy we hear so much about is a hollow facade, as these ghost cities clearly show
http://www.youtube.com/watch?v=rPILhiTJv7E
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