Wednesday, June 29, 2011

The Coming Chinese Depression

by Staff Report

Chinese Urbanization Putting Huge Strain On Cities ... A forest of buildings and cranes rises through thick fog above roads jammed with cars in a Chinese city the size of Austria and home to more than 32 million people. The southwestern megacity of Chongqing is bursting at the seams as authorities struggle to keep pace with its rapidly growing urban population – a situation seen repeatedly across the vast country of 1.3 billion people. – US Newstime

Dominant Social Theme: The Chinese Communist Party is running China according to enlightened Marxist principles. Therefore China will prosper indefinitely, thanks to Karl Marx. Communism cannot fail.

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