Tag Archives: ghost cities

Nearly All US Economists Don’t Trust China’s GDP Numbers: Poll

We’ve been saying the numbers weren’t to be trusted in China for years. (We certainly weren’t the only ones.) Looks like the world is also coming to this realization, or more likely is just acknowledging that the jig is up. Or maybe both. Whatever, we hope that you had a good ride if you were investing in China on the long side, and hope that you saw the writing on the ghost city walls before things got ugly.

This video from 60 Minutes circa 2013 is probably worth watching again.

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