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.
* * *
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."
- Login or register to post comments
- Printer-friendly version
- Send to friend
- advertisements -







I don't know WTH is going on as far as whether the motive is inventory or currency but another chemical plant blew in China.
https://www.rt.com/news/328384-hunan-chemical-plant-blast/
Been keeping an eye on that.
http://www.upc.com.tw/engver/Products/Plasticizer.htm
http://www.upcrenewables.com/china/
http://www.upcgroup.com
http://www.upc.com.tw/engver/Sites%5CSites_Malaysia.htm
http://upcnarenewables.com/home/
http://www.windtaskforce.org/m/blogpost?id=4401701%3ABlogPost%3A3556
That carbon credits scam is interesting. You always dig up interesting stuff.
Remember Miami
http://www.upcrenewables.com/company/contact/
Hmmmmm....
Honestly I dont dig regarding this subject. I know it well.
I like the tower crane in the background putting up another one
Since (in the absence of special 9/11 fires) it probably took two months to engineer and place the explosives, the Chinques must have started wiring it for demo right after it was completed in November, or installed the charges during original construction, to save cost.
Let me guess...the owner, Silverching, gave the order to "pull it" in Chinque.
Silverching?
Naw. Rothchilds control the central finances of china.
https://www.rothschild.com/china-japan-korea/
To be fair though, even their brand new shit looks tired and old.
The REAL story is it was finished in 1999, not 2015.
It was probably used by squatters the past 15 years.
The chinese wouldn't let syrian refugees move in? Seems perfect for them.
where have i seen that cloud of dust before? i know i have seen it. i know i saw that cloud of dust three times on the same day. now, where and when was that?
What a wasted opportunity... they could have hired some terrorists to fly a plane into the building, blamed it on North Korea, and raided their treasury to start a bullshit war.
Meh...It's not like those buildings are scarce over there...
When the times come...when the times come...
Someone had a Krug-gasm
Now expect Larry Silverstein to put in an insurance claim.
"Pull it"
lol 27 floor "skyscraper"
In 20-30 years there will be massdemolitions of thousands of "skyscrapers" per year in china. Unless of course they decide to let people continue to live in them as they collapse one by one.
The social status of the future: can you afford to live in a safe house?
That is why you need to marry a rich man, so that you wont have to worry about the house falling down on you.
china-keynes 1-0
Beats bailing out bankers.
I don't understand why they demolished the building?
Why not just set it on fire and then let it turn to dust in mid-air like on 9/11?
http://drjudywood.com/articles/a/bio/biopics/bubbler.jpg
Printed by the PBoC's cash for clunkers program.
That's some good "bankster jumpin' building" that just went to waste.
Fuck you China!!!
Can they disappear the debt financing for that building just as easily?!?
concrete too old? 10 years?
What actually happened is the following. Someone in the penthouse attached a cable to the elevator and pushed the down button. The elevator pulled the building down.
The question is, what that a mistake, or was that Paul Krugman?
Ordo ab Chaos. Chaos ab Ordo.
Pass Go, collect $200 million. Rinse & Repeats.
I call BS. Everyone knows you can't see your hand in front of your face in China.
Even indoors, and on a good day.