why a global financial meltdown in unavoidable, page-5

For those that are still focused on the olympics.

China – biggest infrastructure boom in history

• After 15 years of rapid
urbanization, transportation
infrastructure has become a
huge bottleneck

• Current Five-Year Plan
(2006–10) calls for:

• $175bn spending on
railroads (equivalent to
around 3 Olympic projects)

• $200bn on airports and subways

• $80bn on highways

source:http://www.usfunds.com/docs/pdf/InfrastructureWebcast01222008.pdf

cheers.


cheers.