Legal Insurrection has an intriguing video concerning the Chinese real estate bubble. The vast, well-maintained but almost empty new city of Zheng Zhou is haunting.
Gee, I wonder who’s going to be buying U.S. debt when the bubble pops?
"There are countless horrible things happening all over the world and horrible people prospering, but we must never allow them to disturb our equanimity or deflect us from our sacred duty to sabotage and annoy them whenever possible." -Auberon Waugh