A Stimulating Idea From China

The place is Inner Mongolia. The city is Ordos. Actually, within 18 miles, there are two Ordos. One looks like a normal city. Built with stimulus money, the second Ordos looks complete except for one …

The American Dream

The precipitous current dip in housing is so explicit in the graphs at: http://www.calculatedriskblog.com/2009/10/impact-of-declining-homeownership-rate.html Translating the lines into people and numb…

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