Abandoned or never used Apartment building and high rises! They were built to a great degree in China recently. City after city of them was built but never occupied. Where they really the basis of a Ponzi scheme to create Chinese wealth? Likely using United States scrap metal as rebar in them. And more importantly were some of those Chinese High Rises that went up on the books of United States Mortgage and Finance companies as assets? If true it means China was a co-conspirator in the Mortgage Fraud in the United States! And that is indeed where Bernie Madoff had plane tickets to flee to! What don't you like about freedom and therefore regulated competition?
If true the United States Congress has both the right and duty to use the Constitutional provision to set the value of Chinese currency converted into United States dollars at zero.
Thomas Paul Murphy
Originally published on 01 16 2015 at: www.themilwaukeeandwisonsinnews.blogspot.com