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General Discussion => The New Joe Montgomery Birther Pit => Topic started by: 06wildcat on July 06, 2011, 10:31:42 PM

Title: A real paper tiger
Post by: 06wildcat on July 06, 2011, 10:31:42 PM
Quote
As municipal projects play out across China, spending on so-called fixed-asset investment — a crucial measure of building that is heavily weighted toward government and real estate projects — is now equal to nearly 70 percent of the nation’s gross domestic product. It is a ratio that no other large nation has approached in modern times.

Yeah, this is going to end well.
Title: Re: A real paper tiger
Post by: Dugout DickStone on July 06, 2011, 11:07:42 PM
Which city is their version of Manhattan and does it have NBAF?
Title: Re: A real paper tiger
Post by: 06wildcat on July 07, 2011, 01:41:27 AM
Quote from: Limestone on July 06, 2011, 11:07:42 PM
Which city is their version of Manhattan and does it have NBAF?

Chinese NBAF is on hold until China narrows the meat goat gap (MGG).
Title: Re: A real paper tiger
Post by: ednksu on July 07, 2011, 04:07:31 PM
http://www.youtube.com/watch?v=X28q1sQb2js&feature=player_embedded
Title: Re: A real paper tiger
Post by: Bookcat on July 08, 2011, 08:19:06 AM
Quote from: ednksu on July 07, 2011, 04:07:31 PM
http://www.youtube.com/watch?v=X28q1sQb2js&feature=player_embedded

 :surprised: :surprised: :surprised:
Title: Re: A real paper tiger
Post by: 06wildcat on July 08, 2011, 10:51:57 AM
Quote from: Bookcat on July 08, 2011, 08:19:06 AM
:surprised: :surprised: :surprised:

Yeah, that's not the only city like that there either. I've read estimates that there's more than 50 years worth of surplus infrastructure in some regions doing nothing but rotting with each passing day.
Title: Re: A real paper tiger
Post by: john "teach me how to" dougie on July 08, 2011, 11:17:31 AM
Quote from: 06wildcat on July 08, 2011, 10:51:57 AM
Quote from: Bookcat on July 08, 2011, 08:19:06 AM
:surprised: :surprised: :surprised:

Yeah, that's not the only city like that there either. I've read estimates that there's more than 50 years worth of surplus infrastructure in some regions doing nothing but rotting with each passing day.

And, with prices in the hundreds of thousands where the average worker is lucky to make $10,000/yr, they will sit forever.  They require 50% down and the balance paid in 3 years. LOL  Go government, fix the world!
Title: Re: A real paper tiger
Post by: Dugout DickStone on July 08, 2011, 11:44:46 AM
Zhengzhoucat2011 is not going to like that.
Title: Re: A real paper tiger
Post by: slackcat on July 09, 2011, 07:01:09 AM
Obvious potential for dental complex.