China demolishing unfinished buildings.. beautiful Keynesianism at work pic.twitter.com/y9LE4pYQUG— Igor Schatz (@Copernicus2013) August 19, 2022
Holy wontons… is that for real? Entire Potemkin villages being destroyed? And they certainly made a mess of it. That’s not how you implode a building.
Google “ghost cities “.
China’s been building these for years.
China, those buildings! The waste! The materials! The labor! All that substandard concrete and rebar!
The lesson; Godless Command economies are inherently wasteful!
Bankruptcy and incomplete projects happen in capitalist places, but not on that scale!
Good you tube. Old China had standards, new Maoist China does not. https://www.youtube.com/watch?v=q00nTSAcMhs