Saturday, November 14, 2009

China's Empty City

An empty city built for a million residents:
At about 1:20 you will see that a city built for one million residents remains empty, a' la Austro-Chinese business cycle theory. "Ordos was a government idea, an infrastructure project taken to its limits, the motivation was likely gdp..." -- can you get better than that? After the first minute or so the video is stunning.

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