Chinas housing bubble.

[Caeser25]

Perfect example why centrally planned economies (socialism, communism etc.) don't work.

http://classic.cnbc.com/id/100532907

[brickboy240]

Those that push for and set up central planned economies don't really care if they "work" or not. By the time the bubbles burst, they have their money and are long gone. They also will not take the blame or be held accountable or be punished.

This is where America is headed...at a fast pace.

[FromMyColdDeadHand]

99 problems and the Chinese housing bubble ain't one.