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31-10-2013, 11:24 AM
(31-10-2013, 10:50 AM)BlueKelah Wrote: The problem with China is the lack of transparency, who knows what the true numbers are. The ghost cities there are actually the same as those in Spain. China will probably go the way of Spain in terms of economy in the near future.
Not a die hard "China-lover"
and I am not so familiar with Spain but are those ghost cities paid up? Ability to pay via employment rate is probably a good indicator as well.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)