In the context of Jeremy Grantham’s warning that this is no market for young men, coupled with this week’s collapse in copper, oil, and the Hang Seng, we wonder if the realization and fallout from China’s ghost cities is  really starting to haunt the global markets.   This video, a documentary from Australian TV from earlier this year,  is well worth your time.   Crunching tiger, hidden debt.  Yikes!

(click here if video is not observable)