Etatists and central planners just don't learn: after the debacle surrounding Evergrande and other real estate companies on a completely overstretched, because centrally controlled, real estate market, President Xi's prestige project is now also failing. It will be fun to see when the bulldozers have to clear away the rubble of the exploded buildings here too.
21 sats \ 0 replies \ @BlokchainB 10 Jan
Down goes the Chinese ponzi (source Ansel Linder)
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0 sats \ 0 replies \ @xz 11 Jan
I can't see any life in the picture..
I wonder if alien lifeforms were able to visualize or probe the topography of this urban landscape, they might think that this part of the planet has come into contact with a potent mutagen, causing it to grow abnormally.
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