"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Why China is Headed For a Fall
All booms bust. The only question is when: "Barreling along one side of an 8-lane highway towards the airport with hardly another vehicle in sight, we passed apartment block after apartment block, sitting empty like a construction graveyard.
Eventually we crossed a gigantic new bridge over the Yangtze River. Barely half a mile downstream, another equally vast and expansive bridge was nearing completion… I was astounded. There was no traffic. No commercial activity. No people. No tolls. Just empty space"
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