patrick.net

Even billionaires aren't immune from the effects of deflationary collapse. The man-made island resort billed as Singapore's answer to Monte Carlo has become almost vacant. Sentosa Cove, the only place in China where foreigners can buy land, albeit expensive land, looks more like a ghost town these days than the thriving mecca of opulence it was intended to be.

http://www.globaldeflationnews.com/the-way-prices-have-fallen-in-sentosa-its-as-if-there-is-a-global-financial-crisis/