China Unleashes Building-Gobbling Sinkhole To Spur GDP Growth
While everyone knows that devastation and cataclysm are wildly bullish in a broken-window-fally-based Keynesian world where everything is incrementally positive and bad is good. It would appear that China has taken that 'fallacy' one step too far as a giant sinkhole is 'gobbling' up buildings across Guangzhou. We assume this sinkhole was unleashed to help maintain GDP amid the now factual decline in labor force that we discussed yesterday.
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