I don't how many of you guys are watching this show, but you should. Surprisingly it's produced by Bill Maher. I've never been a fan of Maher despite watching his show for the last decade. But I will give him credit, this show is solid. The last episode they did was on China and their real estate boom. I know we've all read the articles about this bubble but sometimes it's better to see this visually to truly get a grasp of how cataclysmic this is going to be when it pops. This is basically our 2008 credit crisis times three. There is a great interview with notorious china short Jim Chanos as well. Basically China has built dozens of these ghost towns in the surrounding burbs around the larger cities. And when I say ghost town, I mean cities the the size of LA. That are COMPLETELY empty. The Chinese government calculates their GDP not based on actual output like the rest of the world, but on actual cost. Which is absurd. So if they spend 2 trillion building a ghost town, that two trillion is positive GDP for China. And the real kicker here is this phony ponzi real estate accounting trick makes up 75% of their economy! And the even bigger joke is our economists over here are talking about how they expect a short term uptick in China's growth, which of course comes from bullshit construction on ghost towns. Anyway, I'll get off the soap box. Check out this show if you have HBO. http://hbo.vice.com/episode-six There is a short trailer for that China episode.