Sunday, February 22, 2009

Lets take a look back at the Olympics

http://www.latimes.com/business/la-fg-beijing-bust22-2009feb22,0,1213023.story?page=2
It is funny, in almost all cases the Olympics produces a recession for the city that host it. With overbuilding a key problem. Beijing is suffering on the same scale as building. Way too much boom bulding is producing a major bust.

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