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The Broken Shark-Tank Fallacy

Tyler Durden's picture




 

If breaking one window in a Keynesian utopia is good, then breaking moar windows is betterer; and it appears, therefore, our friends across the Pacific will be celebrating the rebirth of the Chinese economy as a 33-ton glass shark tank shattered in a Shanghai mall. According to local media (via Gizmodo), three lemon sharks surfed the water explosion into the shopping mall when the 6-inch thick acrylic glass burst, as you can see in this video captured by CCTV cameras. Unfortunately, given the images below it appears the sharks did not make it - but then again that means more new sharks will need to be purchased so that's upside, right?

 

Via GizModo,

 

 

Most of the people watching the tank were injured with "deep cuts and bruises," according to a police spokesman:

There were lots of injuries caused by flying glass, some of them serious because the glass was so thick. We are investigating what caused this.

The event happened on December 19 at the Shanghai Orient Shopping Center, in China, where the aquarium was installed two years ago. It become a popular local attraction at the time. The shopping center has announced that they are planning to rebuild it.

 

 

 

 

 

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Wed, 12/26/2012 - 23:02 | 3098047 Aziz
Aziz's picture

Those sharks look stimulated.

Thu, 12/27/2012 - 00:25 | 3098166 ball-and-chain
ball-and-chain's picture

China's a joke.

Contaminated milk.  Poisoned dog food.  Disease-ridden dry wall.  Cardboard rice.

And that's the new economic model!

No thank you.  I'll take America any day of the week.

We've been through depressions before.  They suck.  But we'll survive.

http://www.angrysinner.blogspot.kr/2012/12/yesterday-we-went-to-burger-king-for.html

Thu, 12/27/2012 - 00:47 | 3098191 Freddie
Freddie's picture

Well the Chi Coms want to disarm you along with: Piers Morgan, All of TV, All of Hollywood, black racist Jamie Foxx, Bloomberg, Rupert Murdoch, The Democrat Party, our Dear Mullah and other assorted arseholes.

China came out almost as fast as the others in saying Americans need to be disarmed. F them.

Thu, 12/27/2012 - 10:14 | 3098648 francis_sawyer
francis_sawyer's picture

Shark Attack bitchez!

~~~

http://www.youtube.com/watch?v=nD3ZyFWYlLM

Thu, 12/27/2012 - 10:38 | 3098702 Imminent Crucible
Imminent Crucible's picture

Why couldn't that have been some of our Wall Street sharks?  There would be something poetic about Jamie Dimon, Lloyd Blankfein and Chuck Prince expiring on a mall floor in Shanghai, gills working frantically.

Thu, 12/27/2012 - 10:55 | 3098763 Titus
Titus's picture

MADE AND ASSEMBLED IN CHINA

Thu, 12/27/2012 - 11:09 | 3098807 JPM Hater001
JPM Hater001's picture

I so hope it's China we have to go to war with.

Thu, 12/27/2012 - 12:17 | 3099033 Bollixed
Bollixed's picture

No you don't. We traded our manufacturing base for their cheap gizmos to pad the pockets of the elites. If push comes to shove they can immediately turn their factories into weapons machines the way we did in WW2. Given their population, a war of attrition is a one sided affair. We both have nukes.

A war with China would be the Black Swan of the Century... 

Thu, 12/27/2012 - 13:22 | 3099225 Imminent Crucible
Imminent Crucible's picture

War with China is on. It's just not a shooting war. It's a trade war, a currency war, a technology war, a cyber-war and eventually a debt war; China threatens to dump a couple $trillion of US Treasuries, and we threaten to cancel the bonds before they can be dumped.  None of it ends well.

Thu, 12/27/2012 - 14:42 | 3099473 Bollixed
Bollixed's picture

Agreed. But one thing to keep in mind is the folks in China who handle the money are all extraders who know how money works. Our guys are academics/bureaucrats who couldn't find the head of the coin if you gave them two chances.

China holds $1.16 trillion in US Treasuries and will no doubt find a way to trade those to others seeking 'high quality collateral' before we get the chance to undermine their holdings.

And you are completely right...none of this ends well.

Thu, 12/27/2012 - 13:12 | 3099184 goldfish1
goldfish1's picture

Hope their dams aren't constructed with the same engineering issues.

Thu, 12/27/2012 - 10:56 | 3098766 strannick
strannick's picture

Right. And perhap fund a university grant to study why they didnt make it.

Thu, 12/27/2012 - 01:53 | 3098258 rich_wicks
rich_wicks's picture

You think China is a joke?

What about a country that gives out trillions of dollars of money to a group of criminals in the financial system and put their citizens on the hook for the loan?

Or a country that lies about weapons of mass destruction in a foreign country, and then after it becomes absolutely clear that it was a complete lie, doesn't hold anybody accountable?

Or a nation that earns less than 16% in tax revenue than it has in debt?

Or a nation that intentionally locks up capital in real estate where it's totally non productive?

Or a nation that feeds subsidies into it's corn industry to make ethnol with a negative return on energy investment?

The US is the freaking joke.  If you think China is funny, you must be laughing very hard at the United States.  China has it's problems, but the United States has unmanageable structural and systemic problems today.  It's got a governemnt that routinely lies to it's citizens and actively support criminals that threaten it's financial stability.

Thu, 12/27/2012 - 01:59 | 3098264 HL Shancken
Thu, 12/27/2012 - 03:51 | 3098321 surfersd
surfersd's picture

That is all well and good rich___ and you are right on many points regarding the US, but you have to be pretty naive to believe that the US is worse than China. Spare me the economic stats, I would rather have are lying politicians that have to answer to their Poliburo. Please read some history or the newspaper to understand how truly limited freedom is in China.

 

Thu, 12/27/2012 - 09:18 | 3098556 proLiberty
proLiberty's picture

China, an entire country built like the stuff at Harbor Freight.

Thu, 12/27/2012 - 11:01 | 3098779 Almost Solvent
Almost Solvent's picture

Thanks! I just snorted coffee laughing and it's burning my nostrils.

Anyone who has ever owned or used a Harbor Freight item knows what "cheap plastic-y literally falls apart in your hands while you're using it shitbox" really means.

Thu, 12/27/2012 - 01:35 | 3098241 Mr. Magniloquent
Mr. Magniloquent's picture

Your display of wit here goes underappreciated. May my single vote help recognize the merit of your humor.

Thu, 12/27/2012 - 06:01 | 3098391 tabasco71
tabasco71's picture

Chinese version of Hurricance Sandy... losers can't even do natural disasters correctly...

Wed, 12/26/2012 - 23:03 | 3098049 Dasa Slooofoot
Dasa Slooofoot's picture

From the same master craftsmen that brought you shit from WalMart that breaks in a month.  

Wed, 12/26/2012 - 23:25 | 3098089 A Nanny Moose
A Nanny Moose's picture

Chinese Low wage manufacturing has officially Jumped the Shark.

Thu, 12/27/2012 - 00:06 | 3098140 mjcOH1
mjcOH1's picture

Slave labor was having a bad day at the People's Discount Acrylic Sheet Factory.

Thu, 12/27/2012 - 01:15 | 3098215 El Oregonian
El Oregonian's picture

This is a metaphor for the coming bankers/sharks market implosion on Feb. 13th 2013... Stay tuned...

Thu, 12/27/2012 - 01:08 | 3098212 ACP
ACP's picture

Exactly...the correct term for any and all products from China is "landfill," because that's where it ends up soon after you buy it.

Thu, 12/27/2012 - 11:46 | 3098945 Jake88
Jake88's picture

my walmart shit works just fine

Wed, 12/26/2012 - 23:07 | 3098050 ZeroAvatar
ZeroAvatar's picture

They're just 'keepin 'em on ice'  'til they can de-fin 'em.

 

 

 

"SOUP'S ON!"

Wed, 12/26/2012 - 23:47 | 3098112 TheFourthStooge-ing
TheFourthStooge-ing's picture

Shark fin soup being prized the delicacy in voting class (the king class) of Chinese citizenism, much betterings if fins from endangered species.

Must the pointing out though racingist evidence of inherent eternal nature of Chinese citizenism:

The event happened on December 19 at the Shanghai Orient Shopping Center

Requiring now accommodatings sensitivity to Chinamans, this place will did being the name change requestations to Shanghai Asian Orient Shopping Center expeditiously.

Thu, 12/27/2012 - 01:46 | 3098253 CompassionateFascist
CompassionateFascist's picture

Only surprised the tank wasn't full of dogfish, and their babies, puppyfish.  

Wed, 12/26/2012 - 23:04 | 3098051 Rearranging Dec...
Rearranging Deckchairs's picture

And people wonder why I don't like purchasing Chinese goods.

Thu, 12/27/2012 - 06:19 | 3098404 Motorhead
Motorhead's picture

I hope the shark fin soup was good.

Thu, 12/27/2012 - 06:23 | 3098407 akak
akak's picture

I tried it in Shanghai, and was disappointed --- it pretty much tastes just like kitten.

Thu, 12/27/2012 - 10:21 | 3098664 willwork4food
willwork4food's picture

I concur, and kitten tastes just like bunnies. McRib anyone?

Wed, 12/26/2012 - 23:04 | 3098052 ShortTheUS
ShortTheUS's picture

Teh new tank will be built and broken again in record time!

Wed, 12/26/2012 - 23:08 | 3098059 Pairadimes
Pairadimes's picture

The sharks have been out of the tanks on this side of the Pacific for years now.

Wed, 12/26/2012 - 23:09 | 3098063 Dr. Engali
Dr. Engali's picture

Shark tanks that shatter and "luxury" boats that sink when launched. Next up towers that take a month to build collapsing and borrowed Russian aircraft carriers sinking.

Wed, 12/26/2012 - 23:10 | 3098065 MrSteve
MrSteve's picture

Maybe 6 inches of their formula acrylic wasn't enough to prevent catastrophic overpressure failure. The  large chunks of cleanly fractured material imply an internal structural flaw, perhaps too fast a cool-down or other crystaline-inducing processing flaw in the casting of the giant slab.

Wed, 12/26/2012 - 23:20 | 3098081 CrockettAlmanac.com
CrockettAlmanac.com's picture

Should have used transparent aluminum.

Thu, 12/27/2012 - 11:49 | 3098953 Jake88
Jake88's picture

too much melamine

Wed, 12/26/2012 - 23:16 | 3098075 ebworthen
ebworthen's picture

Cheap ass construction and poor planning.

Couldn't possibly be "made in China" could it?

Wed, 12/26/2012 - 23:55 | 3098129 BlackChicken
BlackChicken's picture

It is. That's why it broke.

My three year old pulled out a plastic toy she recieved this Christmas. The thing was not out of the plastic for one minute and the damn handle came off. Know what she said immediately?

"oh well.. Broke in China" I think that summs up the quality; it was broken before it ever even got here.

If only we had one public official that gave even the slightest fuck about us...

Wed, 12/26/2012 - 23:19 | 3098080 Fix It Again Timmy
Fix It Again Timmy's picture

Forgot to add lead....

Wed, 12/26/2012 - 23:41 | 3098108 Seasmoke
Seasmoke's picture

Just think of all those empty fraud closed houses that were built using Chinese materials.

Wed, 12/26/2012 - 23:48 | 3098113 ShrNfr
ShrNfr's picture

I am just sharked I tell you! Totally sharked that such a thing could happen!

 

How many stocks could a shark tank shock?

If a shark tank could shock stocks?

Wed, 12/26/2012 - 23:58 | 3098130 akak
akak's picture

"Restaurant special today: shark fin soup!"

 

 

EDIT: Oops, should have read earlier comments.

Thu, 12/27/2012 - 00:17 | 3098151 TheFourthStooge-ing
TheFourthStooge-ing's picture

Blobbing up of Chinese citizenism shark finaticism cannot be contained by polycarbonation of the enclosing means.

Thu, 12/27/2012 - 00:59 | 3098200 akak
akak's picture

You have putting your fingers on the crustiest bit.

But when polycarbonizationalizing of the ensharkation means leads to aqueous deblobbing-up, one can only blame US 'american' structural failurizings.  Alas, alas, triple great white alas, just have to bear with it ...

Thu, 12/27/2012 - 01:20 | 3098217 ceilidh_trail
ceilidh_trail's picture

Was that ananonymous I saw in that video? Another glorious chinese achievment. We can all learn from china what not to do...

Thu, 12/27/2012 - 01:58 | 3098263 TheFourthStooge-ing
TheFourthStooge-ing's picture

Yes, that was AnAnonymous in the video. He was the one chastizing the sharks for their 'americanism'.

Thu, 12/27/2012 - 02:33 | 3098287 akak
akak's picture

Despite their lack of prehensile appendages, I could swear that I saw those 'american' sharks kicking the can and pushing blame to the exterior.

Thu, 12/27/2012 - 06:21 | 3098406 merizobeach
merizobeach's picture

Wow, you totally called it!

Thu, 12/27/2012 - 04:35 | 3098334 AnAnonymous
AnAnonymous's picture

Ah, one of the greatest troubles to come forward:
'americans' not recognizing their own.

There is only 'americanism' in this video.

Yep, 'americanism' is the primary thing in the world by now.

Get used to it.

Thu, 12/27/2012 - 05:09 | 3098345 akak
akak's picture

Ah, make me laugh.

One only has to say "Citizenism, Citizenism, CITIZENISM!" to summon the Troll Spirit of Christmas-Yet-To-Blob-Up.

Alas, alas, square root of nine alas.  Just have to bear with it.

Thu, 12/27/2012 - 06:17 | 3098398 merizobeach
merizobeach's picture

So we watched a video set in Shanghai wherein a faulty (standard quality) Chinese-made shark tank explodes, injures some ChiComs while other ChiComs take photos of dying sharks, and yet, somehow, you see America in the video.  You are a confused idiot.  Why don't you do the modern Chinese thing and take a knife to an elementary school and start stabbing, or is that an activity you reserve for only the elderly in your shitty society?  Or if you prefer tradition, assemble your hordes of dirty Han and use attrition to oppress your neighbors?

But what I really want to know is how you will justify to yourself your aggressive warmongering nationalism when the inevitable result will be China versus all of its neighboring countries, plus America, in WWIII?  You think Japan mistreated your uneducated, uncivilized masses last time?  Beijing is going to glow in the dark without electricity next time, bitch.  I won't lift a finger except to eat popcorn because your CCP has brought this on themselves.

Thu, 12/27/2012 - 00:04 | 3098137 Colonel
Colonel's picture

"We are investigating what caused this."

Translation: The wounded,witnesses and the shark tank manufacturer have been "relocated" to the Bodies exhibit coming to an American city near you round eyes.

Thu, 12/27/2012 - 00:54 | 3098199 Freddie
Freddie's picture

The manufacturer of the tanks just donated his liver after paying for the bullet the army used on him.  When they kill you for being a "political prisoner" which is a code word for someone with healthy internal organs, they make you pay for the bullet.

Well the Senate just put back the worst part of NDAA and passed it 81-19 - se we all can be detained for any reason or no reason.

 

Thu, 12/27/2012 - 10:12 | 3098644 palmereldritch
palmereldritch's picture

Going long chianti.

Thu, 12/27/2012 - 00:29 | 3098149 Wakanda
Wakanda's picture

Jump the Shark Tank

When your shopping mall has reached its peak and then begins to leave shoppers with "deep cuts and bruises".

See "peak prosperity" and "shark fin soup special".

Thu, 12/27/2012 - 00:44 | 3098187 Freddie
Freddie's picture

Where is Fonzi and his water skis?

Thu, 12/27/2012 - 00:21 | 3098158 NOPOMO
NOPOMO's picture

You didn't build that.

Thu, 12/27/2012 - 00:27 | 3098172 holdbuysell
holdbuysell's picture

Speaking of sharks, we'll have jumped the shark when the MSM states that global war is good for GDP.

Thu, 12/27/2012 - 00:57 | 3098203 Shock and Aweful
Shock and Aweful's picture

"Horry-Cow.....the grass break right in face whire I take a da picture...."

 

Unbereeveable....

Thu, 12/27/2012 - 02:05 | 3098235 Setarcos
Setarcos's picture

Um.  Acrylic is not glass.

No wonder that things are in a mess, when virtually no one knows basic facts and reports are therefore inaccurate.

PS If the material had been glass and it failed - not likely - injuries would have been far worse, because glass breaks into far heavier pieces with sharp edges.

What is truly inane is this,  "If breaking one window in a Keynesian utopia is good, then breaking moar windows is betterer."

Here we have a person writing who is ignorant about both acrylics and Keynes, yet somehow manages a faux connection via this design accident in China.

 

Thu, 12/27/2012 - 01:56 | 3098261 q99x2
q99x2's picture

Looks to me like the NWO is setting up a controlled nuclear exchange with China for depopulation purposes. With both the US and China to take strikes.

The NWO is now moving US military into Africa and Isreal will likely hit Iran early in 2013.

They are positioning for something big perhaps a few years out.

Thu, 12/27/2012 - 05:05 | 3098344 merizobeach
merizobeach's picture

You want to talk about taking strikes? Check this out: http://myscienceacademy.org/2012/12/25/a-time-lapse-map-of-every-nuclear... Russia and the US fought a nuclear war for decades but only managed to nuke their own countries, nearly two thousand times.  Then there's France which chose the exact opposite side of the earth from their country, and hated that piece of ocean so much they nuked it two hundred times.  The other interesting part was England nuking America (purple flashes at 7:07, 8:11, etc).

 

Thu, 12/27/2012 - 04:44 | 3098337 AnAnonymous
AnAnonymous's picture

What's this thing with cheap diversion to Keynesians?

As usual with 'americanism', it is all about submission.

The reference made here to the broken window fallacy was written in the mid of the 19th century.

Keynes was an 'american' living in the twenty century.

So it is clear that the 'american' Bastiat tried to monetize something that was not Keynesianism.

This kind of things is 'american'. This kind of stories was brought by 'americans'.

Remember, 'americans' are that breed in humanity that have been claiming that they can overcome the environment, given them a natural right to the world environment over everyone's else.

Cheap justification of the 'american' long streak in theft.

But here we are: Keynesians are just a subset of 'americans'

Useless to pinpoint them out to point out a trait that is shared by the whole of 'americans'

That is if you are not an 'american' trying to push someone else under the train for your own doings.

Well, when you are an 'american', you do the 'american' thing.

Thu, 12/27/2012 - 05:13 | 3098347 merizobeach
merizobeach's picture

And... here's shithead! We knew you'd show up eventually.   So, we all understand that your opinions are very nonsensical, perhaps owing to your government-issued lobotomy and castration, but could you possibly expand your scope to include opinions on other topics as well?  I mean, the supreme irony of a ChiCom calling Americans submissive is just too much.  So let's move on: what are your opinions about the sovereign nation of Taiwan?

Thu, 12/27/2012 - 10:08 | 3098636 palmereldritch
palmereldritch's picture

There once was a metaphor top rank,
Shark jumping, economy and tank.
Along came AnAnonymous,
Our ills, he did tell us.
Surprise. His reflection was blank.

Thu, 12/27/2012 - 05:23 | 3098348 akak
akak's picture

Is your Double Lucky Panda dragon bone and tiger penis elixir no longer making strong the wee Chinee pee-pee?  Is the bigoted blobber-upper taking out his impotent rage on the ZH crowd again? 

****************************************************************

Remember, Chinese shitizens are that breed in humanity that have been claiming that they can overcome sanitation and the flush toilet, given them a natural right to the roadside environment over everyone's else.

Cheap justification of the Chinese shitizen long buttsurfing streak on the roadside.

But here we are: Chinese shitizens are just a subset of 'half-man, half-thing'.

Useless to pinpoint them out to point out a instant crapification trait that is shared by the whole of Chinese shitizens.

That is if you are not a Chinese shitizen trying to push something out of the rectum from the train for your own doings.

Well, when you are a Chinese shitizen, you do the Chinese shitizenism thing.

*****************************************************************

Alas, alas, 6.02 times ten to the twenty-third power alas, just have to bear with it.

Thu, 12/27/2012 - 05:41 | 3098366 odatruf
odatruf's picture

I think we have a mole

Thu, 12/27/2012 - 05:50 | 3098373 akak
akak's picture

Anode you were going to say that.

Thu, 12/27/2012 - 05:54 | 3098380 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Alas, alas, 6.02 times ten to the twenty-third power alas, just have to bear with it.

Ah, ah, per Keynesian Avogadroist Smithian economics, this number being equivalentary to the number of dishes wahed per annum by AnAnonymous, Chinese citizenism mole.

Thu, 12/27/2012 - 06:04 | 3098389 akak
akak's picture

Very perspicaciously, Avogadro 'american' eternal nature much mattering, subatomic can kickingism notwithstandingwise, definitionalizing of one mole of Chinese shitizenism as to the total number of roadside human scats in all of China (minus numberings of scats which are composed of actual digested moles, known highly of superstitious pseudo-medical nonsense of Chinese fabled past as of making much strong the weak pee-pee).

Thu, 12/27/2012 - 06:18 | 3098399 TheFourthStooge-ing
TheFourthStooge-ing's picture

You do are hitting nail with hammerhead shark tank muchly the dangdang.

Digested moles are the matteringest things, the crustiest bits, the Chinese citizenism strawsmanatee in the blobbing upside downery, algebraic coconuttery applied with very much the vigour.

Thu, 12/27/2012 - 06:31 | 3098418 akak
akak's picture

Sage are the wordings of mind of you.

Cheap justification of the algebraic coconutistic long streak in US 'american' chemical science.

But here we are: shitizenism strawsmanatees are just a subsetting of blobs, subsubsetting of blobbings-up.

Useless to pinpoint them out to point out a trait that is shared by the whole of Chinese oceanic dungongs.

Thu, 12/27/2012 - 06:44 | 3098421 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Useless to pinpoint them out to point out a trait that is shared by the whole of Chinese oceanic dungongs.

Parangongshow of wisdominance these wordings thusly exibiting.

Arrogance of Chinese citizenism propagandary is in illustration provided by 'AnAnonymican' attemptings of placement the square Easter Islandist peg into round South China Sea hole. Makings are not for triple lucky number 888 deliciously.

Thu, 12/27/2012 - 17:47 | 3099939 Blistering Barnacles
Blistering Barnacles's picture

I thought Jackie Chan was popular in the US not to mention Bruce Lee

 

Thu, 12/27/2012 - 07:16 | 3098439 moskov
moskov's picture

A bunch of American retards having nothing to do but troll. Lol

Thu, 12/27/2012 - 07:42 | 3098460 negative rates
negative rates's picture

I just saw a psychiatrist charge into civil war battle, right here in America. And no one wanted to claim the body!

Thu, 12/27/2012 - 08:47 | 3098516 Mr. Hudson
Mr. Hudson's picture

: "three lemon sharks surfed the water explosion into the shopping mall.."

How much do you want to bet that those sharks were served that evening in a five star restaurant?

 

 

 

 

Thu, 12/27/2012 - 09:58 | 3098619 irie1029
irie1029's picture

Damn straight and at a premium as they were "famous".  

Thu, 12/27/2012 - 08:50 | 3098520 Bokkenrijder
Bokkenrijder's picture

Time to short shark fin soup!

Thu, 12/27/2012 - 09:25 | 3098567 palmereldritch
palmereldritch's picture

And to think the diner so foolishly dismissed that fortune cookie that said,

"Beware of bad economic omens. You will be eaten by a lemon shark in the local mall."

Thu, 12/27/2012 - 09:29 | 3098572 djsmps
djsmps's picture

I'm sure glad the Chinese built the new span for the Bay Bridge.

Thu, 12/27/2012 - 10:21 | 3098665 mendolover
mendolover's picture

First time I've ever felt sorry for a shark.

Thu, 12/27/2012 - 10:31 | 3098690 Freddie
Freddie's picture

I could have jumped those sharks on a skateboard.  Poor dumb fish are treated the same way poor dumb Chinese "citizens" are treated.   Which is about the same as ObAmerika.

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