Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 02-24-2009, 08:32 PM
Hatterasguy's Avatar
Zero
 
Join Date: Nov 2002
Location: Milford, CT
Posts: 19,318
China's bubble burst...

http://www.latimes.com/news/nationworld/world/la-fg-beijing-bust22-2009feb22,0,1919053,full.story

Ouch, that hurts.

__________________
1999 SL500
1969 280SE
2023 Ram 1500
2007 Tiara 3200
Reply With Quote
  #2  
Old 02-24-2009, 10:01 PM
R Leo's Avatar
Stella!
 
Join Date: Mar 2003
Location: En te l'eau Rant
Posts: 5,393
Next time someone goes off about our 'conspicuous consumption' society I'll wave China's 100 million sqft of vacant office space in their face. 1/5 the commercial footage of Manhattan, vacant? Jeez.

When I was there in 2006, I saw where almost half the world's population of tower cranes (thirteen in one part of Xi'an alone; more than you could count in the haze of Beijing) had gone to, zillions of yards of concrete being poured and thousands of projects underway and wondered at the time how long it would take for that fiasco to cave in on itself.

I guess the answer is about 2.5 years.

__________________
Never a dull moment at Berry Hill Farm.
Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 05:15 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2024 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page