Inside Chinas Ghost Cities

Bloomberg Television's Adam Johnson reports from inside China about the Chinese so called Ghsot Cities , China's economy is growing fast thanks in part to real estate and government projects , but are these projects truly sustainable ? entire cities have been created out of nothing in the middle of nowhere and very often remain empty , Ghost Cities , they are trying to move workers from farms to factories , the government subsidies the construction works , Economist James Chanos calls them ghost cities adding to an epic real estate bubble ready to burst...




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.