Page 4 - Ghost Cities News Today

Lets change our a algorithm. so all of this happens within seconds and it goes to how volatile the markets are. >> in less than seconds. >> less than. >> weve seen the stories of the servers, them wanting them to be as close in new jersey as possible to the new york stock exchange so they can move a millisecond off and a millisecond can mean millions and billions of dollars in trading. >> amazing. well continue to watch this. and back to china for a quick second. were watching volatility here an...

This is 6,000 miles from the city of lights, luxury development, in the outskirts of shanghai that was constructed in 2007 to attract chinas new wealthy. but according to the developers, it is currently on the 20% to 30% occupied. location, location, location is part of the problem. the luxury development sprouted in an area surrounded by farmland and dead end roads. it is also a symptom of chinas property bubble. ghost towns, even entire ghost cities, are increasingly common sites in china. in ...

Lights. a luxury development in the outskirts of shanghai that was constructed to 2007 to attract chinas new wealthy. but according to the developers, it is currently only 20% to 30% occupied. location, location, location is part of the problem. the luxury development sproutd in an area surrounded by farmland and dead-end roads. it is also a symptom of chinas property bubble. ghost towns, even entire ghost cities are increasingly common sights in china. in this case, it seems instead of going to...

Collapse, right? bet on china, because china is it the future. china is building ghost cities. these are fantastic. you have to go online on glenn beck.com and see it, fantastic one of the biggest malls in the world, completely empty. massive construction projects, entire towns, funded entirely by the government with no people in them. yeah, go to glennbeck.com and see them. theyre not going to hit a massive housing bubble, no, its china. so lets follow them, shall we? and celebrate the birth of...

>> im jon scott, jenna lee and i join you in 15 minutes, new threats from iran as one of the nuclear faciliti nucle nuke facility goes on-line and could you get a universal flu shot and a look at chinas ghost cities and whether making a mess of the nations midsection again, what is up with the winter? on, happening now. martha: a tough story, there is shock and concern, of course, after a pregnant colorado woman was given a drug that can cause abortion and it was given accidentally by the pharma...

Six pollutants and that the bill under consideration would not change epas authority at all over those kinds of emissions. the real issue here is that republicans note that congress has repeat eld lee refused to give the epa authority to regulate greenhouse gases, carbon emissions from energy. democrats argue the new regulations will create lots of new jobs. republicans argue the regulations will simply send those jobs overseas. jon: jim angle in washington. thank you. jenna: a major mystery unc...

Fox news/you, the letter you/"happening now." if youre going to go out in the nasty winter weather to get a picture make sure you stay safe, okay. jenna: from those photos to eerie new satellite photos showing miss tear kwraus ghost cities in china of all places. they have just about everything any big city has such as people, such as cars and buildings but no people, thats why its a ghost city. what exactly is going on over in china well try and answer that. breaking news out of washington, a h...

>> first ever all the number one criterion is meeting annual economic targets, if you build more youve got better economy. there is another reason and that is 4 to 12% of the ghost cities, they steal them and put them in their pocket. you can have an official that might have $2,500 annual income might have $25 million in the bank. this is the number one gaming destination where all the money gets laundered. jenna: what will happen with the city. >> theyll russ in the desert and maybe 50 years fr...

Cities? >> the developer gets paid, the government pays them basically through the banks. they have an elaborate procedure where the governments will set up local investment vehicles which borrow from the state bank. the money is traveling in a big circle. jenna: can they keep doing this. >> of course they cant. eventually economic reality has got to hit them. they have a semi open semiclosed economic system where they can do this for a little while but not on this scale. jenna: thats where we s...

Collapse, right? bet on china, because china is it the future. china is building ghost cities. these are fantastic. you have to go online on glenn beck.com and see it, fantastic one of the biggest malls in the world, completely empty. massive construction projects, entire towns, funded entirely by the government with no people in them. yeah, go to glennbeck.com and see them. theyre not going to hit a massive housing bubble, no, its china. so lets follow them, shall we? and celebrate the birth of...