Stunning Time Lapse Video Of China Completing 15 Story Hotel In 6 Days

Tyler Durden's picture

Repeat after us - there is no Chinese bubble </sarc>.

Although none is needed, here is some commentary

As the United States and China battle over the finer points of currency manipulation at the G-20 summit, American negotiators may want to take note of this startling testimonial to the productivity of Chinese workers: A construction crew in the south-central Chinese city of Changsha has completed a 15-story hotel in just six days. If nothing else, this remarkable achievement will stoke further complaints from American economic pundits that China's economy is far more accomplished than ours in tending to such basics as construction.

The work crew erected the hotel -- a soundproofed, thermal-insulated structure reportedly built to withstand a magnitude 9 earthquake -- with all prefabricated materials. In other words, a crew of off-site factory workers built the sections, and their on-site counterparts arranged them on the foundation for the Ark project.

h/t Clavin

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scratch_and_sniff's picture

And it only took them 5 minutes to knock it down again!

Divided States of America's picture

I wondered what the inside looks like?? Have anyone been to the Olympic Nest egg stadium?...outside looks emaculate, inside its a dump.

hedgeless_horseman's picture

Those chi.coms will make bad-ass combat engineers soon enough.

Herd Redirection Committee's picture

They are pretty decent financial engineers too, from what I have heard.  When you refi your mortgage, or get home equity, in China you lend that money to a LOAN SHARK!  And the loan shark promises you fantastic rates of return.

How does he do it?  Surely not by way of Ponzi?  Paying out old investors with the funds from new investors? 

Yep, the loan sharks use the money to further speculate in the real estate market, driving prices even higher! I have heard that millions of Chinese have 'earned income' in this way.  The gov't has allowed it because the CCP officials are often in the middle of it, and the extra 'income' means the gov't is under less pressure to increase wages.

One thing is for sure, this won't end well!

http://psychonews.site90.net

aleph0's picture

"They are pretty decent financial engineers too, from what I have heard. "

 

Very much so !
I worked along side a 27 yr. old Chinese graduate, 10y yrs. later he 's a VP at JPM.

BTW:
+ 400,000 Engineers graduate each year from Chinese Unis.

+ a city the size of Philadelphia is built in China each MONTH !

FWIW

sgt_doom's picture

I just wish those Chinese wouldn't use the PCs and terminals in public places in America (libraries and online cafes, etc.) as they routinely beat the holy s**t out of the keyboards.

Guess they think they are all anvils???

i-dog's picture

In China, we call a hammer a "chinese screwdriver". :)

zaphod's picture

26 year olds are "VPs" at JPM these days.

 

Being a VP in a bank just means that you're not a new college hire.....

TBT or not TBT's picture

VPs can sign stuff!   There is a lot of paperwork in need of signing, so...

A Nanny Moose's picture

+ a city the size of Philadelphia is built in China each MONTH !

Staggering numbers. Looks like the junkers are out again. Chinese Junk?

Bob's picture

That was my instant thought. 

thefatasswilly's picture

So? Can American contractors build something of equally shitty quality in the same timeframe? Doubt it.

Does America even bother building stuff anymore?

"lol we don't make shit, but heylook what those damn chinks are building isn't great, so obviously amerika is the GREATESTER EVER"

Ragnarok's picture

Listen buddy, America can build gigantic, well constructed commercial space that will never be used thank you very much.  I'm tired of driving 4 miles to the nearest Wal-mart, in fact build one around my house.

Red Neck Repugnicant's picture

First, American unions are responsible for QE2, as proven by Glenn Beck's connect-the-dots theory of everything.

Now, we have video proof that American workers are far less productive than their Chinese counterparts.

American workers:  The real reason America is in the ditch.

Glenn Beck nightly 8pm on Faux. 

Anyone have any commercial free links to Beck episodes? 

   

Red Neck Repugnicant's picture

FYI, yes they do.

The thread with the Glenn Beck video from last week had 400 comments, and incredulously, most comments were in support of him. 

While that's disappointing, it also gives me great encouragement that there are many readers around here that I can teach and influence for the better - like you. 

I simply want to make you a better person.

Help me, help you.     

 

 

A Broken Bear's picture

Ha I love the writing style haha!

Beck is a Shill, I watch one episode where he blames US foreign policy for contributing to 9/11 in another episode many months later he tears a "liberal" apart for making the same statement. He is like that dude in V for Vendetta, saying he wants to kill V this rape V that. V turns up at his house and he soils himself

Blues Traveler's picture

Faux News, fuck you, this is not a politcal site

Red Neck Repugnicant's picture

Actually, this is a political site because the corruption on Wall Street is kept alive by the umbilical cord from Washington.  If you think Washington and Wall Street are mutually exclusive, then you haven't seen the ball since kickoff and you're running the wrong direction with your pants down. Pull up your pants and get a clue!   

Second, your low-brow, barnyard language is very unbecoming.  If you don't know what inside Tyler Durden's briefcase, it would behoove you to find out.

stewie's picture

Yeah he (they) sells GoogleAdds!  Everybody gotta pay the bills...

Figuratively, he sells an opinion that's closer to the truth than a lot out of others there.

But that's obvious.  So, what the heck else did you mean by that? 

 

BTW, this imagery is hilarious:  "...you haven't seen the ball since kickoff and you're running the wrong direction with your pants down."


snowball777's picture

Remind me not to let you near my barnyard, perv.

Paul S.'s picture

You're right.  And you are the complete opposite because insinuating Republicans are rednecks and repugnant is very cosmopolitan.

A Nanny Moose's picture

....and said teaching will begin, when? Will there be free K00l-Aid?

SheHunter's picture

Why so many deletes?  You comment is well worth the read if only for the  'you haven't seen the ball since kickoff and you're running the wrong direction with your pants down  ' line.  The umbilical cord runs both directions.  Truly a symbiotic, mutualistic relationship between Wall St and DC.  Parasitic for the rest of us.  

Troublehoff's picture

 

Zero Hedge, not political? That's like saying the sport pages of your chosen rag only report the stats.

 

Dirtt's picture

SEIU gives me hope for America's future.  So does Richard Trumpka.

UAW Volt anyone?

(Soros sure has a loaded payroll.)

snowball777's picture

You obviously haven't spoken with the purple people eaters directly.

The Real Fake Economy's picture

i def agree that the American union is responsible for destroying the American worker, meanwhile the unions are often made up of, you guessed it: lawyers, conmen and salesmen.  Much like wall street and washington.  the unions have managed to convince corporations that continuing to pay ludicrous pension benefits is of benefit to everyone, only at a cost to every member by way of union dues every pay check.  Furthermore, unions are getting kickbacks by passing on the insanely high retirement/pension savings to wall street in order to "invest" and grow their pensions.  of course as we all know, it's nothing more than a ponzi scheme as current workers pay out retired workers, and the vicuous cycle continues forever and ever (until there is no more growth, or unemployment is so high amongst union members that fees can't cover benefits)

Snidley Whipsnae's picture

The most powerful union in America is the AMA....as in, American Medical Association.

Most have only a vague notion of it's existance.

mikey's picture

Hey Red Neck DOUCHEBAG...

American workers are the real reason America is in the ditch??  Go fuck yourself.  The real reason America is in the ditch is because of all the beauracratic bullshit that we have to put up with, like EPA regulations, OSHA regulations, safety meetings, lawsuits, excessive code restrictions, etc.   

Red Neck Repugnicant's picture

Mikey doesn't like it!

I find it very strange that you could eat - to everyone's amazement - thousands of bowls of soggy Life cereal, yet you can't stomach a little sarcasm. 

http://blog.americanfeast.com/images/mikey.jpg

 

Nostradumbass's picture

Hey Mikey, lets try to get you understand SARCASM - OK?

Now read this again - "First, American unions are responsible for QE2, as proven by Glenn Beck's connect-the-dots theory of everything."

Now, Mikey, do you think that the writer was being SERIOUS or SARCASTIC?

 

Let us know OK?

mikey's picture

Hey Red Neck DOUCHEBAG...

American workers are the real reason America is in the ditch??  Go fuck yourself.  The real reason America is in the ditch is because of all the beauracratic bullshit that we have to put up with, like EPA regulations, OSHA regulations, safety meetings, lawsuits, excessive code restrictions, etc.   

Money Squid's picture

Mr. Red Neck, I respectfully disagree with your position that unions are responsible the problems with the American economy. Workers worked 10/12 days seven days-per-week for less money than they needed to survive. Luckily, the Rich business owners provided living space and a company store and charged rates to ensure endless debt. Also, the working conditions for adults were dangerous and if you were not killed on the job your were likely to be killed by the job via over exposure to chemicals, heat, coal dust...you name it. Workers realized they needed to band together fight for, and die for, decent wages and work hours. I hope you realize how recent the five-day work week really is. The company owners new they could pay higher wages and pensions because of the schemes they played with the IRS and avoiding paying into the pension programs to fattent he bottom line so they could take the money as a fat salary and perks. Most of the value of the companies have been looted by a relatively few at the top screwing over all the workers, union or not, and passing the bill to the tax payers. The average working person could for a while on one income buy a home, car, raise a family and send two kids to school. Now, two imcomes is not enough to survive.   The Coming Collapse of the Middle Class is a great presentation by Elizabeth Warren. http://www.youtube.com/watch?v=akVL7QY0S8A  Ms. Warren describes clearly how through increased costs and reduced wages the middle class is losing ground every year. In comparisson, the richest get everything and the rest get less every year. I have seen many union workers that are lazy and over paid, however, their jobs have been stolen out from under them by the rich who moved these jobs to countries where they can litterly work their employees to death for a pennies-per-day. Bashing the unions workers, the illegal imigrants, the poor, the uneducated is the exactly what the super rich want, to distract you from the real danger of what is happening. Everyone in this country who takes any payout from Social Security is a union worker. If you or any of you family takes any payments from the government, you, or they, are union workers. I do not not care if all the unions are broken up, but if they are the working conditions for every man and woman will deteriorate back to what they were prior to the unionization period. Our society is supposed to be one of intelligence, kindness, liberty, freedom (economic freedom included) and prosperity for all, not economic enslavement to the super rich.

Nostradumbass's picture

 

Money Squid,

Refer to Mikey's lesson on sarcasm above... RedNeckRepugnicant never actually blamed workers.

 

Money Squid's picture

DOH !    You kids and your <sarcasm>

Red Neck Repugnicant's picture

@ money squid

The opinions of Glenn Beck are so thick with bullshit that it's difficult to see his head through the roiling miasma of methane in front of his mouth. If the EPA were to measure the air quality in front of his face, he would be forced to have a catalytic converter surgically implanted between his lips.

My post about unions is pure sarcasm, at the expense of Beck and those that ignorantly follow him.  Last week, he actually had the audacity to blame American unions for QE2, yet the real knee-buckling stupidity behind that story are the endless number of morons who still think Beck is an American patriot. 

I commend you and your family for your hard work.   

PeterSchump's picture

Red Neck,

 

You are a fucking retard.  Go away.  You are bringing us all down.  I feel dirty and wasteful just writing this, but someone must.  A total waste of 15 seconds just because you exist.  Add up all the seconds people waste interacting with you and we have found the real reason the U.S. can't compete.  It is all due to your incredible stupidity and diversions from worthwhile activity.

Midas's picture

Should we start a drinking game every time Red Neck repugnicant mentions Glenn Beck for no reason?  I mean how did you get from chinese building to Glenn Beck?    If you guys want to start a game let me know.  I will, however, need to stock up first.

Red Neck Repugnicant's picture

I didn't junk you.  I don't junk anyone, ever.

 

Midas's picture

Hey Red neck-  Instead of flagging me, why don't you answer the question.  How did you get from a chinese building to Glenn Beck?

SheHunter's picture

Crap.  Here I am defending a complete stranger but back off redneck you guys.  He's allowed to state his case without being pegged for delete.  Or is it Beck you really are defending..in which case you are beyond hope. 

Jeff Lebowski's picture

Add the word "relevant" into your sentence, and I'll agree with you..  

He's allowed to state his relevant case....

Midas's picture

I don't think I defended Glenn Beck.  I don't listen to his show, so I don't care for RNR hijacking threads to talk about Faux news (This is not an isolated incident).   Maybe Tyler could create a new thread for him everyday and people could go have the Great Glenn Beck debate.  People would come from miles around, just not me.

Byte Me's picture

Interesting viewpoint: - unions run the Fed by extention according to this batshit analysis.

What you smokin' bub?

 

I don't think so Red Ring Repellant. The real reason USA is in the hole is because of visceral corruption and looting by a financial system gone rogue, coupled with endemic corruption and lawlessness throughout the establishment.

Against that backdrop, unions (who are less than blameless) are very small beer in the blame game.

 

FatFingered's picture

Remarkable video.  Propaganda indeed.

At least it is far more interesting propaganda than the American dog and pony/Beck and Olbermann shows on American TV.

Widowmaker's picture

"American workers:  The real reason America is in the ditch."

Exactly right.  Very few under 30 can even show up on any sort of regular schedule.

Spalding_Smailes's picture

Its a shit hole ...

About one third of the industrial waste water and more than 90 percent of household sewage in China is released into rivers and lakes without being treated. Nearly 80 percent of China's cities (278 of them) have no sewage treatment facilities and few have plans to build any and underground water supplies in 90 percent of the cites are contaminated.

Water shortages and water pollution in China are such a problem that the World Bank warns of “catastrophic consequences for future generations.” Half of China’s population lacks safe drinking water. Nearly two thirds of China’s rural population—more than 500 million people—use water contaminated by human and industrial waste.

By one estimate one sixth of China’s population is threatened by seriously polluted water. One study found that eight of 10 Chinese coastal cities discharge excessive amounts of sewage and pollutants into the sea, often near coastal resorts and sea farming areas. Most of China’s rural areas have no system in place to treat waste water.

Water pollution—caused primarily by industrial waste, chemical fertilizers and raw sewage— accounts for half of the $69 billion that the Chinese economy loses to pollution every year. About 11.7 million pounds of organic pollutants are emitted into Chinese waters very day, compared to 5.5 in the United States, 3.4 in Japan, 2.3 in Germany, 3.2 in India, and 0.6 in South Africa.

Water consumed by people in China contains dangerous levels of arsenic, fluorine and sulfates. An estimated 980 million of China’s 1.3 billion people drink water every day that is partly polluted. More than 600 million Chinese drink water contaminated with human or animal wastes and 20 million people drink well water contaminated with high levels of radiation. A large number of arsenic-tainted water have been discovered. China’s high rates of liver, stomach and esophageal cancer have been linked to water pollution.

In many cases factories fouling critical water sources are making goods consumed by people in the U.S. and Europe. Problems created by China’s water pollution are not just confined to China either. Water pollution and garbage produced in China floats down its rivers to the sea and is carried by prevailing winds and currents to Japan and South Korea.

Water pollution and shortages are a more serious problem in northern China than southern China. The percentage of water considered unfit for human consumption is 45 percent in northern China, compared to 10 percent in southern China. Some 80 percent of the rivers in the northern province of Shanxi have been rated “unfit for human contact.”

A poll conducted by the Pew Research Center before the 2008 Olympics found that 68 percent of the Chinese interviewed said they were concerned about water pollution.

 

http://factsanddetails.com/china.php?itemid=391&catid=10&subcatid=66

thefatasswilly's picture

Thank you for copying and pasting a shitload of irrelevant, useless information that can be summed up with a concept that just about everyone reading this website understands: "China doesn't give a shit about the environment, and thus pollutes a lot."

My original point was that Americans love to prove the superiority of their own piece of shit country by pointing out the deficiencies of other countries.

This sort of behavior is unbecoming of the greatest nation in the world, and proves that America has indeed fallen far.