So, how’s that economy doing?
According to AlJazeera – English (I know, right?), the Chinese government has invested $585 billion (USD) into the country’s economy, hoping to stimulate demand (why it needs demand when it has an 8% growth in GDP is beyond me, but I’m not an economist).
The stimulus has definitely paid off, at least if you’re a construction worker. According to a YouTube video, the government has built a $1 billion new city – homes, businesses, etc. Only one thing missing – people.
Related posts:
- Breaking: people without jobs can’t afford to stay in their homes
- Paris is a city of 2 million people; otherwise, imagine this was Boston
- City of Boston wins census appeal; city now 15,000 people larger
- Northeastern professor suggests new “stimulus” plan
- It’s a Wonderful City! – thanks to the city’s planning and zoning board!
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Details on new condo listings coming on the market in downtown Boston during the past 24 hours, including this property at 208 West Canton Street #1, South End, Boston, MA.
Details on new condo listings coming on the market in downtown Boston during the past 24 hours, including this property at 3 Rollins Street #301, South End, Boston, MA.
Details on new condo listings coming on the market in downtown Boston during the past 24 hours, including this property at 7 Concord Square, #2, in the South End, Boston, MA.
Details on new condo listings coming on the market in downtown Boston during the past 24 hours.
Details on new condo listings coming on the market in downtown Boston during the past 24 hours.
So, I didn’t actually hear them say it cost $1 billion because I was afraid to turn the sound up in this Starbucks. Let’s just assume it’s a lot of money.