omg
https://www.youtube.com/watch?v=Om6b0_ffyFQ
Posted on 09/17/2021 9:20:38 PM PDT by SeekAndFind
Is it just me or do several of the buildings still standing look like they are tilted?
I see what you mean: ‘China’s Lehman Brothers moment’: Evergrande crisis ...
[Search domain theguardian.com] https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy
The crisis engulfing Evergrande, China’s second-biggest property company, is the greatest test yet of President Xi Jinping’s effort to reform the debt-ridden behemoths of the Chinese economy ...
China Evergrande Group, an indebted property giant, warned that it risked default amid plunging sales, as investors protested near the company’s headquarters.
Evergrande owns more than 1,300 real estate projects in over 280 cities in China, according to the company’s website. In recent days, protests by angry home buyers and investors have broken out in ...
Evergrande’s collapse would be the biggest test that China’s financial system has faced in years,” Mark Williams, Capital Economics’ chief Asia economist, wrote in a note last week.
China Evergrande, the troubled property giant that has become a symbol of debt and excess in the world’s second-largest economy, said on Tuesday that it faced “tremendous” financial pressure ...
A “waste”, most of those things are just hollow shells in the first place.
You can drive by them and literally look right through them, and they are everywhere.
So much of China is just a facade.
Hahahaha! I just re-watched that movie about a month ago...:)
Great reference there!
Hahahahahaha! I do the same thing with Crazy Russian Driver videos...:)
I read articles a few years back about real estate in China and after the article I saw a documentary on buildings in China. The actual struct was ok with good engineering. The rest of the buildings not so much. Decorative details like lentels , cornices etc are improperly attached and falling off. The finish work is terrible, doors don’t close, plumbing leaks etc. these buildings are sold site in seen to investors and they are worthless.
Maybe General Milley can call China up and assure them they're 'still the best'...
In other such projects, the apartments were actually sold and the owners are in fact living there with no windows, electricity or water. They are in effect camping in their own homes.
In other situations, having no trust in banks or stocks, people invest money in hard assets, real estate. They buy houses. They may own two or three apartments that are vacant. Thus there are many many vacant buildings owned by people having no intention of ever living there. It is reported there are tens of thousands such apartments
Blow 'em up, lock 'em up in their apartment and come back three days later to take 'em to the incinerator.
Same difference. It's how the CCP rolls.
Ok...now I’m having Chinese for dinner.
I love the nearby Chinese restaurant...”Be here ten minute.”
——Skyscrapers built with bad materials——
In China, they call the phenomena Tofu Dreg. It is well known and there are lots and lots of videos showing tofu construction.
I have watched the video in question and the destruction of the 15 buildings was not related to tofu construction. I did not learn why the project was destroyed.
Tofu Dreg is a national joke
“China is asshoe.”
What hideous, cookie-cutter development in that photo. It’s a scenario where you could enter the wrong building to try to get home after a tiring day—they all look the same. Ugly skyline—apparently, the government has a uniform building height and window-size requirement. That’s socialism for you.
There’s nothing that says a controlled demolition has to come straight down. The important part is for it to not land on something you don’t want to damage. If you’ve got a big field of nothing sideways is easier and faster. There’s plenty of controlled demolitions that go timber instead of straight down.
The flat faces probably needed the steel from the buildings to build another aircraft carrier.
Yep they hoped to draw people in from the country side fail ensued.
Buildings had been abandoned for a very long time and the basements were submerged in rainwater.
Paid for with American trade deficit dollars.
omg
https://www.youtube.com/watch?v=Om6b0_ffyFQ
It’s a shame that a deal could not have been made to send these high rise tenement buildings to California...
They would have perfect for placing in, and around, all CA’s single-family-home neighborhoods in support of the latest CA zoning law just signed by Gavin “In A Landslide” Newsom...
Distributed all across CA, these 10-story apartment buildings each could hold up to 5,000 tenants...
Thereby placing 50,000 illegal migrant vermin (IMVs) into those white neighborhoods all across CA...
That’s a good start towards a solution for finding homes for CA’s 15,000,000 IMVs...
Vodka and dash cams! What could go wrong?
Have you run across this phenomenon:
Not sure what’s going on apparently it started out as drifting and then they added full throttle lockdown to it. Crazy stuff!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.