More trouble ahead. China is the next target.

In 2002, there were 3.6 million villages. In 2012, the number had dropped to 2.7 million, according to China’s Ministry of Civil Affairs.

That is a 25% drop in the number of villages in just 10 years. The future of an average Chinese village is decidedly dim!

Outflows of cash from China’s finance markets reaches $45.7 billion in the prior month. This is mostly due to Westerners bailing on Chinese bonds due to low rates.

Currently it is taking 6 units of China debt for each unit of China’s GDP growth.