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4-Minute Tour of a Spanish Ghost Town

IMG Auteur

The Prudent Investor

Published : April 05th, 2011

43 words - Reading time : less than a minute

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Category : Editorials

Europe's latest import from China: the ghost town.

VIDEO: The Spanish town of Soto del Henares stands virtually empty.

A search on Soto del Henares returned mostly property forums on top. Last entries date from early 2009. Another ruin of the modern times.

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The Prudent Investor 13 abonnés

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Toni Straka is an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluates global market trends. Analyzing financial and political news permanently he wants to share his insight with those who understand that we are in an era of global redistribution of wealth. The US-European centric approach does not work anymore. Five billion people in the developing countries now demand their fair share of the world's resources.

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4/5/2011 at 2:00 PM GMT
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I find your comment blaming China for this ghost-town to be quite interesting.
Silly me, imagining it was more likely a cabal of scumbag banksters, greedy property developers and loose government controls which caused economic chaos in local areas.

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I find your comment blaming China for this ghost-town to be quite interesting. Silly me, imagining it was more likely a cabal of scumbag banksters, greedy property developers and loose government controls which caused economic chaos in local areas. Read more

Peter C. - 4/5/2011 at 2:00 PM GMT

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