This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
For the first time in decades the Chinese economy is slowing down. Whether it is official data, bank research data, or commodity prices, all point to a slowdown.
During the subprime mortgage crisis and a massive overstock of unused homes, former Fed Chairman Alan Greenspan had a good idea: He said the low cost solution to clear the excess inventory would be to bulldoze over all the unused properties.
