All
those who have spent late hours playing SimCity 3000 and never
understood why the damn thing would never get any people to move into
it, will derive a deranged pleasure from the following clip. In China,
where 8% GDP is guaranteed and has to be "goal seeked" by any and every
increasingly more deranged economic project, the authorities have taken
the game of SimCity and applied it to real life. Alas, they started out
on "difficult" level.
Ordos is a hyper modern city, full of brand new glass walled residential and commercial buildings, yet devoid of inhabitants. In its attempt to present a "growing" economy, and to "invest" its $585 billion stimulus into anything and everything, courtesy of comparable idiocy on the other side of the Pacific, China's communist party is now ruling over ghost towns. One wonders just how many such "efficient" projects sustain China's magical 8% growth.
h/t Tyler
Ordos is a hyper modern city, full of brand new glass walled residential and commercial buildings, yet devoid of inhabitants. In its attempt to present a "growing" economy, and to "invest" its $585 billion stimulus into anything and everything, courtesy of comparable idiocy on the other side of the Pacific, China's communist party is now ruling over ghost towns. One wonders just how many such "efficient" projects sustain China's magical 8% growth.
h/t Tyler
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