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Guangzhou to Wuhan High Speed train – CRH3C , passing Hengyang East station at 350km/h.
Video Rating: 5 / 5
A look at rail traffic provides some clues into economic trends. Rail traffic stands at a midpoint between the depths of crisis and normalcy. This represents a significant increase off the bottom (50%). The numbers indicate something else, the possibility that the United States has been exporting iron to China for use in high-speed rail. Hedge fund manager, Jim Chanos suggests that a Chinese real estate bust may be immanent. Is this meaningful given the fact that China can refocus towards high-speed rail. In regards to Greece and the IMF bailout, I embed a presentation from NICK (themodernmystic) providing a good analysis of this issue..
Video Rating: 4 / 5
