China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper
"Growth" meet "mal-investment boom-bust" In a perfect example of the smoke-and-mirror-ness of China's credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, "having been left unused for too long."
As China People's Daily reports,
Directional blasting demolition of a high-rise building was completed successfully at 7 a.m. on November 15, 2015 in Xi'an, in northwestern China's Shaanxi province.
The building was 118 meters high (27 floors) with a total construction area of over 37000 square meters.
Having been left unused for too long, the building could not be brought back into use so local government decided to demolish it.
It is reported to be the highest building that has ever been demolished in China.
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The silver-lining - now workers can clean up the mess, dig a bigger hole... and fill that in - all in the name of Keynesian "growth."
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that's why the top blew up first. well actually the lobby and the basement. but that was before the plane got there.
anyone not bought or a fool that watches a magnified, slow motion video of the wtc collapses can see the explosives tearing the buildings apart. that's the most obvious of a near infinity of tells.
I thought you were supposed to fly the airplane into the building before you light the fuse on dynamite.
Stupid Chinese
Don't they have empty cities which have been there for years? Let's demolish those too yeah!
I imagine the quality of its construction was top notch.
Its really not surprising considering everything they build only lasts a couple months.
coming soon to a gulag near you
Make them an appointment to see this Russian doctor……
http://beforeitsnews.com/healthcare/2016/01/crazy-russian-doctor-kills-p...
fuck off, stupid spammer
no one cares about your crap site
They could have saved money and just started fires on 2 floors and wait
Actually they let a good Crisis go to waste. They could have flown a Jetliner into it then blame Taiwan then invade Taiwan. Didnt they learn anything from us!
Bastiat, Chinese style.
I call the top. If THAT is not indicative of the top, I don't know what is.
Krugman would bring out the hand lotion and paper towel for this.
Pull it!
No, what really happened was a plane crashed nearby.
Have they blamed the Saudi's then invaded Iraq yet?
Larry Silverstein owned that one TOO??
Thank you! I had a heartfelt chuckle!
Some "Dancing Israelis" recorded this event .
Break those windows!!!
Hazlitt !
Well timed Kessel!
dupe
Psst: Don't tell the Germans
or the Swedes
or the Swi.....
What happened? Nailgun?
it was probably defective
Where "building you up to tear you down" has a different meaning.
They could have just flown a small drone into it and watch it collapse through the path of most resistance. Works every time.
Prices on real estate were about to tank. Destroy housing stock until there is a shortage again.
I don't know the difference between the boom and the bust anymore.
Oh, did the bankers jump before or after?
And some people are wondering "How could the Yuan be in free-fall?".
Raffing out Rowd.
These are the kind of "shovel ready" jobs we need here in 'Murica...
Just practicing.....
Maybe I should consider going long dynamite futures?
Load mem...mem...load archive....archive... Load wit.....file missing press any key to continue...
I only logged on to comment about 9/11.
We have had several hi rise steel frame buildings recently catch fire and lo and behold....no falling buildings...
It's science that is the problem... Physics dictate certain outcomes and the corrupt criminals in government claim physics no longer apply to three steel frame buildings in Newyork...
Frankly I get such a giggle when good folk point this out and one or two shills show up to claim science and physics do not apply to those three buildings that fell in NewYork.
The deep state apparatus can not under any circumstances allow folks to think steel frame building don't fall when they catch fire so they come out like cockroaches to claim somehow, and some way those three buildings are "different".
Science tells us they are wrong and all one must do is remember that "free fall" is 32feet per second per second and all of the facts become clear about who is right and who is wrong..
There was recently a fat idiot on YouTube declaring HE would debunk the issue of jet fuel burning hot enough to melt steel(along the government storyline) so he burns a steel rod 300 degrees higher the jet fuel can ever burn and suddenly claim a win over science. Of course he is an idiot and potentially an x military type(gone to pot with the fat belly) so that was expected from those who fear they would end up at The Hague for charges of war crimes.
So if any of you out there ever see George Bush please take him to the proper authorities thank you...
The rest of you keep the pressure on those who would claim science does not apply to three buildings are n NewYork on 9-11-2001
Also remind those criminals that statutes of limitations DO NOT apply to war crimes.
And because of that fact we all may One day see those Israeli agents being executed alongside the American traitors they were working for....
End of line.....
Does the loan still have to be paid back?
Repeat after me, "The Chinese banking system is solvent..."
There was no mortgage on that building, right?
The USA needs to copy China, do this each and every day. Build a skyscraper, destroy it, build another, destroy it. Do this over and over and over again in cities across the nation and the economy will race ahead. Think of the profits in the equity markets! :)
They might be practising for their own Twin Tower disaster.
I think the Chinese would be better buying gold bars and having the moved for point A to B and back to point A if they need to create makeshift work.
The farmers get nothing, and like it... As usual<
I guess those copper ore stashes weren't as high as we thought?
Hmmm... that looked an awful lot like World Trade Center (WTC) Building 7 going down. I'm beginning to get suspicious of the September 11 government narrative.
This was probably building no. 7
Why not just dig holes and then fill them in? You can get rich by diggng a ditch!
And have them do it with teaspoons. They'll get even richer.
Spoon ready jobs? They use chopsticks, though!
Tungsten " chop -stiks"?
We call that The Krugman.
what a waste black children in africa could have eaten the building
Better to fly a plane in it and then blow it up and say the Arabs did it so you can start a war anywhere you please which makes it even more profitable.
Did the report say which kind of plane they used?