[quote=briansd1]The new Chinese Mega Cities are scary.
The huge apartment blocks are ugly and 50 years from now, they’ll be huge white elephants.
I like cities that grow organically on their own. Old Shanghai is much nicer than new Pudong.[/quote]
I would have to disagree (four families using one bath ect.., not how I would want to live), plus 50 years from now the Old Shanghai will have been razed and new structures built. But what I find interesting is in china, if they need inflation to ease debt, they just announce they expect 5% inflation next month, then they increases all gov workers pay by 20% (most factories magically follow), Incredible I bet the fed would love to be able to do that.
