Stopping-Up a Volcano With a Garbage Can Lid

By: Repair_Man_Jack (Diary)  |  November 24th at 10:17 AM  | 

Chinese government may have the best intentions, its leaders may have IQs of 250 each on a bad day, but it is impossible to centrally manage an economy of China’s size. – Vitaliy Katsenelson (HT: Business Insider.com) When China decided to modernize its northern province that abuts Outer Mongolia, it built a magnificent city called Ordos. Ordos was designed to hold 1.5 Million residents in | Read More »