Asia's century? Really?

[thonglor55]

China's property market is showing signs of rusting. Home buys in major cities are slowing down. Construction outside the megatrapolises has infamously produced dozens of "ghost" towns that are actually more like stillborn cities, because they were designed for residents that never materialized.From an article on China's ghost towns (http://www.theatlantic.com/business/archive/2011/06/why-chinas-ghost-towns-matter-for-the-world-economy/240629/).

[Thai Dyed]

China's property market is showing signs of rusting. Home buys in major cities are slowing down. Construction outside the megatrapolises has infamously produced dozens of "ghost" towns that are actually more like stillborn cities, because they were designed for residents that never materialized.From an article on China's ghost towns (http://www.theatlantic.com/business/archive/2011/06/why-chinas-ghost-towns-matter-for-the-world-economy/240629/).

Al Jazeera was reporting on the ghost cities in China a year ago. The big catastrophe facing China is WATER.
And China is not alone in this regard. Forget about oil, which you can live without. You cannot live without water.

[attachment=3:3qibbla7]water scarcity map.jpg[/attachment:3qibbla7]

[attachment=0:3qibbla7]drought-severity-has-drastically-increased-over-the-past-100years.jpg[/attachment:3qibbla7]

While growth in crop yields continues to decline:
[attachment=2:3qibbla7]growth of crop yield vs population growth.jpg[/attachment:3qibbla7]

While China now consumes like crazy:
[attachment=1:3qibbla7]percent of world usage by china alone.png[/attachment:3qibbla7]