Monday, October 4, 2021

Evergrande or Ever-Tofu: Enormous Real Estate Company Insolvent in China.
This Company Alone - Evergrande - Is 2% of the Chinese GNP

 

 Tofu is the nickname for Chinese concrete that literally falls off newer buildings only a few years  old, due to adulterating the chemical mixture with human manure and mud. The Three Gorges Dam was criticized for that practice, so they kicked the analysis team out and called them "racists."



Some say China has been deliberately over-building for 20 years. They have many ghost cities where high rises hold very few people. 

Here is the link on Evergrande, 2% of their Gross National Product.

Recently 15 new high rises were blown up. The video in the article is shocking.

If people bring it up Monday, say, "I have been reading about that on Ichabod - for years. On Saturday and Sunday, total views were over 6,500.