China's Biggest Ghost City - The Military Chased us Out!
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- Опубликовано: 10 окт 2021
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This was filmed during Conquering Northern China before we left China - vimeo.com/ondemand/conqueringn...
We got chased out of one of China's biggest ghost towns by the Chinese military (PLA). But we got tons of footage first! This is never before seen stuff.
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Location -
Fushun County, Liaoning, Fushun, Liaoning, China
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Living in China for so long, we would like to share some of the comparisons that we have found between China and the west, and shed some light on the situation.
Every week, we take you to a new place in China on our bikes, cover a topic, and reply to your questions.
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This was filmed during Conquering Northern China before we left China - vimeo.com/ondemand/conqueringnorthernchina
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Your pit mine video might be topical given the flooding of China's coal mines recently.
Many great looking structures but all empty.. and probably made of Tofu
How come you guys don't cover the shite show going on in South Africa? And just who is behind the ANZ?
I'm more interested in the pitt mine tbh... :3
With all this going green crap, why doesn't someone to tell the Chinese to stop building shite for nothing? All the carbon emissions to get the materials out of the ground to build ghost cities and you're telling me I have to drive a shite electric car?
*We are being followed by soldiers*
When you realize those cleaners aren’t just cleaners
They're cleaners of a different sort.
@@cybermollusk Johnny English cleaning lady/hired assassin.
The street is so clean why they need cleaners anyways. Oh, they need to boost GDP
@@genevamin7946 Communism in a nut shell. You pretend to work, the government pretends to pay you a living wage.
@@randomlygeneratedname7171 And after a while you pretend to eat food.
The Chinese soldier should shout when he see you guys saying “I remember yoouuuu!!!!”
That's what will happen when we're all put in concentration camps by china.....a lone voice from the background will start singing "I remember you"......it will be magical
@@Rapture-Farms Speak for yourself , I'm more worried about Biden's covid camps.
@@disgustedvet9528 Why do you think all those Walmarts were hollowed out 😏
Wouldn't be shocked if some were above or near DUMB access points 😉
Edit: I didn't realize what direction this thread would be going in.... DUMBs obviously exist but connection to WM? meh....there are theories far more interesting than concentration camps imho.
But tbh
I think they're distribution centers 🤭
Sometimes reality is kinda pedestrian.
@@disgustedvet9528 what the hell are you talking about?
Or... "Im your patreon!!!"
This town must be great for families with kids. There is plenty of space, no cars on the streets. Children could play ball there, skateboard and hang out in the grassy park areas. The town looks cycle friendly too.
"They really build a monument to the faillure" 😂
and is called "Ring of Life" 🤣🤣😂 in a ghost town that's impressive
Half finished.
I admire your optimism.
Half-life 2 years;
50% depleted.
@@jarretebarnett8077 - the thing is, I could turn that crumbling shithole into the Disney World of Paintball Urban Games. Could make millions and not have to do a thing except maybe build a legit lodging and some concession stands.
Of course, the hurdle to my grand business plan is…well…it’s in China.
So many bad apples when playing paintball....ruins the game
Cleaners and and landscape keepers are still there because most of it is probably still unsold so they need it to look as good as possible for as long as possible. When most apartments sell, they will let it to rot.
I wrote a short story back almost a decade and a half ago about the cleaners and the landscapers. About a young man from the farming outlying regions who took a job in maintenance for a ghost city. It paid well and his family could eat. It was very restrictive and they could only eat at the "company" canteen and lived in this tiny underground accommodations. But it was called "Last to leave, Please turn out lights". Which was the sign he passed every day on his way to his apartment. A reminder to turn off the power every night and not waste it since no one was there but company persons. The general storyline lead to slowly workers quitting because they stopped getting paid. No one ever came, no one ever paid him. Shops full of items for sale, covered in dusty windows. Giant, empty, city. Till eventually he was the only one left. The story stops when he finally leaves and turns off the power one last time because there is no more food to be found and he eventually takes his bike to the next city and finds, no one there either, and the next.. A vast world of cities, with no one living in them, perhaps no one else at all.
@@baffoonidiot5821 don't make me say it.
@@meatybtz gives me twilight zone vibes
@@baffoonidiot5821 Last to leave, please turn out light. A sign the main character looked at every day as he shut down power to the majority of the building he maintained. It isn't published but I could probably dredge it out of the backup drives edit it and put it on Amazon.
@@meatybtz man you got me thrilled but I'm trying to figure out if it's just a fiction or you've been to china lol
"If you build it, they will come"
Fushun: *Why are we still here...just to suffer?*
It is for five years or ten years later
This reminds me of so many games I played in SimCity where I'd build a really nice neighborhood and like 3 Sims would move in. I swear that game exists just to prove that centralized planning is a waste of time and effort.
Ím sure someone from the top ccp officials played that game. And one day woke up and hey I van play this game in reál life. If winnie let ne, so he did. 🤣🤣
Sounds like you suck at city planning....maybe you should try to get a job in china?
Go to actual Sims where you can move everyone in yourself and customize all their traits and looks and job like the CCP 🤣
@@missfay1419 says the guy that already live a sims life that fit the trait of Sims from city A to hate Hate B blindly
@@omniminokyo2 ???? ccp shill?
China should let Hollywood use that ghost city as a set for a new Michael Bay movie.
You mean Michael Moore 🤣
The Chinese would probably love it, Bay's films are huge in CN
Right, they could just hang out and wait for the floods. That would save money on special effects.
Not unless they want everyone involved in perpetual danger from random building collapses or falling debris.
Or the commies here in the states have a home in China they should consider it.
This place is the physical manifestation of a massive hype train abandoned after a few months. Absolutely insane. You'd think they were Absolutely certain it was necessary
In a free market anyone who made this bad a decision would be bankrupt, shamed, jailed or maybe even have some REALLY disappointed creditors. But in China the people who thought this was a good idea are retained to have more "good" ideas in the future.
They thought it was at the time. There are 20-25 full-on ghost cities across China right now that were built after the economic crash in 2008. The Chinese government always planned to build them eventually, but sped up their plans by 20 years so they could keep people working, otherwise their economy would have crashed along with ours or worse. Now it is all finally catching up with them since their housing market has finally burst and these abandoned properties have fallen to disarray and are worthless.
@@Memememe-is1yn That's what you get when you engage in work for work's sake. Hopefully they don't take the easiest route out of a severe economic depression and start a war.
@@elliotmorin5560 You mean the way USA has been doing the past hundred or more years? One can only hope
@@elliotmorin5560 That's probably where all of this is headed anyway.
"Ring of Life"
*the irony just writes itself*
You boys always sum it up nicely: All show and no go.
When y'all took a panoramic shot of the sky, I thought I saw three birds flying to the right. Turns out it was just dust specks on my screen.
😆
🤣🤣there are birds in China though🤣
@@matty6848 Indeed, “there are birds in China” 😂
Lololol
It must be cities like this making up the balance sheets under "assets" for so many Chinese property investment companies. I doubt they have used realistic valuations. Evergrande anyone?
No Chinese companies have assets that’s the whole point of communism.
china's massive infrastructure and construction investments post 2008 saved the world economy. But they could only delay the inevitable. Capitalism is on its last legs.
@@Sputnikcosmonot lol, ok commie
minecraft0james check his screen name lmfao
@@Sputnikcosmonot Africa massive infrastructure and construction investment post 2008 saved the universe , but they could only delay the inevitable, communism and china are on its last leg.
So cool that yall went and did this.
It's insane! Without this coverage, the rest of the world wouldn't have a clue what is actually going on in China. You guys are doing a very dangerous thing and I appreciate your bravery and am in awe 👏👍🏴☠️
There are lots of channels out there. It’s not new
Chill out dude, its not that dangerous. The city is empty cuz literally everyone are in there houses, this video was uploaded when covid was peaking again in china. So everyone is just being precautionary by staying in there houses. Ik this cuz my whole mother side of family lives there😂
@@rizisg idc if you have family living there, playing around in unfinished buildings is pretty dangerous
@@braidena1633 who tf play around in an unfinished buildings? you think parent allow em to just go climb an unknown building. no ofc not. no one is allowed in dude.
@@vble2337 They are literally the first ever RUclipsrs that operate in China, SerpentZA started in 2008 or 2009.
C-Milk: "I don't think that's a good idea my dear Winston."
Winston: "Heh."
China: "It's a free and open country! Come and see for yourself!"
People: Go and see for themselves
China: "No! Not like that! :("
PLA: "Hey thats illegal!"
Lol, yer right
CCP: Come to Xinjiang and see for yourself. There's no concentration camps at all ^_^
"went to Xinjiang to see for myself. Gets followed and arrested by CCP"
careful you may hurt the feelings of the chinese people
-9999999 social credit score 😢😥😣
Thanks for posting and letting us see the other side of world. Stay safe.
You both remind me of when I was a kid, exploring new places on my bicycle. Warms my heart to think I would have been doing exactly as you did. Wow, something new to explore.
That Ring of Life is some real TonyHawkitecture
i wanna grind on it
IKR? Wonder how many bonus points you get for grinding the entire thing?
@@Lobsterwithinternet -5000 social points bonus
I was thinking the exact same thing. It looks like it was intended to be a halfpipe with rails on the sides.
@@blimolhm2790 😂
the city could make for an awesome movie set location.
Either that or a realistic military training site. They are trying to take over the west.
i was thinking it'd be great for zombie films
yeah. The Covid 1, 2 and 3
Until the army comes out… 😆
Have Jackie Chan kick the side of a building and watch it fall over
Good to see you both on the road. Thanks for showing us that ghost city in China, that's amazing!
Informative, raw, and always engaging. Nobody is doing videos like this on RUclips. Keep up the great work!
"This is madness!" "Madness?" "THIS IS CHINA!"
@Coffee-drinking Zubat this is not communism. It is national socialism.
@@paulh.2348 stop..it makes no difference
@@paulh.2348 what’s the difference? Both are evil and despicable.
WOW! Now this looks like a housing bubble 👀
This looks like what happen when the government fail to deliver a promised high speed train connection
@@sebholding LOL - ya, that's it.
That ring makes me want to play with giant Hot Wheels.
A giant hot wheel is a car.
Good video. I felt like I was in a fever dream hearing the wind as you speed up throughout the empty streets surrounded by unfinished brutalist architecture. The apocalyptic feel here is off the charts.
Yeah, textbook r/liminalspace
@@mollusckscramp4124 So china is essentially Liminal land.
I'm amazed you guys still got footage.
Yeah me to.
Why?
Their channel depends on it till they can get more new footage, trickle down winstinomics
I mean I've been to an old ghost town (mining town) here and that was almost terrifying, but this is like literally a ghost city. Seems apocalyptic!
It's just the run-up to the apocalypse that XI & the CCP are leading the world towards.
…why scare of ghost…one fine day we all will be one 🤔
Most ghost towns are just places where the resource the town was there for ran out. The buildings there were used and justified their cost of construction before they were abandoned. What's happening in China is much scarier. We''re seeing multiple person-millennia of work just lie unused. it's like the effort of the people means nothing.
Love that you released this!
This place would be great for learner drivers! The Chinese should advertise rebrand this place as a driver learning centre.
Not really, you would not learn how to drive with other cars on the road. Would make you careless driver.
@@jeygee3736 that's why we have it be a center for teaching driving. Then there's nothing but other student drivers on the road, teaching you to be overly cautious.
@@Gr3nadgr3gory in many ways learner drivers are safer to be around, it is the overly confident but equally incompetent drivers with a decade of bad driving habits that are generally worse.
This will be really useful archive footage.
In a hundred years, the prevailing authority will be asking “Where did we go wrong?”
A hundred years... You dont think the day of reckoning might come sooner? Im thinking 10-15 should do it.
@@Jensth I think it’ll take a hundred years before they realise.
The birdhouses they build in China are pretty big!
Shame there are so little birds
Mao had them all killed
i lived in this city for +4 years. fushun. also worked near that circle of life. ah the memories. cant believe these guys are there. i used to watch their channel from fushun city when serpentaz was in shenzhen i think.
What's awesome is when they have windows in the front, LEDs in the evening (paid for by the city), and back of the building is unfinished and abandoned.
The Barrets in this city: "So the most touching thing just happened, SWAT police came to us and politely reminded us that this place may be dangerous and asked us to leave, I felt so warmed from this experience"
"The west has no space"
social credit score +10
I find it awesome that y'all have this much recorded form your trips to China that y'all are still able to make films. Also thanks for all the awesome work y'all do on the current affairs between the ccp and U.S.
I find it pretty humerus if the ccp watch this video and ones like it on how close they could have been to catching and stopping your channel.
@Slade Western You can take trips inside the country you live... Like a guy in Toronto can take a trip to Vancouver, it's your country, but it's still considered travelling.
@@MichaelDavis-mk4me Well he said trips TO china. Not trips in China. The commenter just didn't know they lived there I guess, which is fine and no big deal. But the other guy was just informing him that they did actually live there for a long time.
Looks like that city from Inception.
Amazing content, guys!
Yooo, what an insightful video; I got to follow these bros
Man, I miss you guys strolling around in China just vlogging as you go.
@Moy read the description, lol
Those Guys are not in China, they just superimpose their selves in films of China to make it looks like they are in China.they used to be but not now.
@@joetayor498 read the description. is it that hard for you?
@@joetayor498 these are old videos they made when they were in China....they literally lived there more than 10 years EACH....I think you would have extra videos and pictures of your life in another place too, so why would theirs be a lie? Grow up
@@joetayor498 made up name, fitting for bot account.
I know you guys get a lot of people complimenting you on your content. But I have to say, after watching you for years and years, it is something I look forward to every week. This channel, both of your respective channels, worthlesswhips and advpodcasts. The chemistry between you 2, the way you are able to inform people of important topics and be entertaining at the same time, the way you listen to your community is just special. I know you appreciate us, but we appreciate you. Im glad i hopped on for the ride all those years ago because even though the journey has been long...we havent gotten to our destination yet. Cheers.
@@ziedyacoub8488 I don't think your love of America is appreciated. We don't need depend on America export. We can live well in China. And I think xi idea on cutting off with rest of the world is good idea. Western ideas has position our china
@@tommywong3147 no, you unethical people poison yourselves. But in all fairness, the corrupt American federal government is also rotting to it's core.
@Coffee-drinking Zubat love how they comment on something that has nothing to do with what agenda they are pushing. “oh I see a post from an American, must copy paste my poorly written, CCP circle jerk propaganda on random comments, we did it guys we brainwashed more people 👏 ”
@Coffee-drinking Zubat Fratricide LOL
i love both your contents, very eye opening and incredible fascinating . glad you guys collaborate.
Thanks for the great vid.
What's so crazy is just imagining what the civic engineers were thinking when they were laying all this out....
"Who are we building this for?"
"Future people? I don't know... let's add a couple more skyscrapers."
Urban planners just doing what the CCP is telling them to do. Can't say no when your economy is highly dependent on real estate development.
@@dyu8184 These ghost cities are stark proof that China's economy is just as artificially inflated as the US. We are inextricably tied to one another in our economic fakeness lol. Either we work together harmoniously against the global bankers who are holding the purse strings, or we are going to face a global economic depression the likes of which are frightening to imagine.
Generally, habitation happens after construction is complete, in China and elsewhere.
@@crazypath573 that's not really the same.. Western markets are diverse, the Chinese one is just mostly the real estate sector
@@chobai9996 Last time I checked, almost every damn thing I buy at a store, or order online, says "Made in China".... so they are symbiotically intertwined with us, economically speaking, far beyond just real estate and building empty cities...
My wife's parents bought an apartment outside of Shenyang in a very beautiful country setting unfortunately the developer either skipped or went to jail, there were probably fifty + buildings never completed, you see this all over China.
I recently found out your videos together but i do know Laowhy... you both have great partnership and quite entertaining. keep it up guys
That "Ring of Life" thing was pretty beautiful. If that were in my town, I'd be proud of it.
32km is only at most 30 min away. Here in Australia, some people live a 90min commute (each way) for work.
The commuter life is no fun. Tired before you even step in the door.
@@Philip_Taylor Unless you really like podcasts and driving.
thats nothing to be proud of...
Same with Canada.
Owning a car in China seems to be a bit of a burden, and C-Milk said in the beginning of the vid that they stopped the light-rail before it got into the city and it didn't look like they had any transportation there.
It really seems like they city's in a catch-22 situation; there's no people there because there's no jobs there, and there's no jobs there because there's no people there. Even if you were a rich industrialist or something and could afford to buy a bunch of housing for your workers so they can work in your factory, there's no stores for your workers to shop in because just YOUR workers aren't enough to keep a store profitable. The only way for the whole thing to work is the CCP would have to PAY people to move their businesses there and PAY people to live there, maybe anyone that lives/works there pays no taxes for five years or something.
I can clearly see all the Ghosts in the background Partying .
if you build it , they will come 👍
👻👻👻👻😱😱😱 Partying
I'm driven many times through this city, because my girlfriend living in Fushun.
When airplane approache from east to Shenyang and you have right side window seat, you will have a fantastic view on the "ring of life".
I found you guys from searching for ghost cities! They are fascinating
I remember this from years ago !! God those vlogs were fantastic !! Can't wait to see them again, you took us from one end of China to the other !!. Got married, got married...Hi Winston, Hi Matt !! Love you guys.
The miracle of a planned economy! The big steel circle represents a numerical "0", a tribute to the net worth of the Young City development?
You overestimate the worth by millions.
They put the Oo in “Oops”.
It is a modified St. Louis Gateway Arch.
I feel very sad for the families who lost their life savings to this bad investments and scams.
The loop is undoubtedly pretty large, but they clearly also used forced perspective (like Disney parks where buildings shrink on the way up to make them look taller) to make it look more impressive from some angles.
To be completley honest, When empty; China's roads look so amazing and wide. I love how it looks when its empty and clean ^_^
Not everything about a planned city is bad: but when they get it wrong it's usually pretty spectacular.
@@rumble1925 You forget that inside those planned communities are parks and gardens and the 8 lane roads move millions of people efficiently around those parks instead of having the unnecessary sprawl that American cities have.
If you have millions of people it's better to have a plan than to just “wing it”. The problem is when your plan isn't educated by facts, it's going to fail in a spectacular way!
@@rumble1925 First of all, “every small block” has more than 800 units, more than 1500 people.
Because these cities are planned, walking and biking is actually very easy: unlike American cities where bike lanes are a low priority afterthought, the bike lanes in a Chinese city are a primary part of every major road, often being completely separated from the main road, and this can only be done if it's considered in the earliest stages of a cities development.
And those 8 lane roads that you dislike so much are what keep the cars out of the way of the rest of us: because the roads are so big, you only have to wait for one crossing light every half mile or so, instead of waiting for a crossing light every 1/8 of a mile as you would in America! Yes Chinese traffic is routed around where you live.
As for culture, there's room for that: all those empty shops you see in this video? If they were full you'd have restaurants are bars and coffee shops and fruit stands and hardware stores, if people ever move in.
The problem is not the design, the problem is the arrogance of the designers of this grand experiment to think that the community you designed is so much better that people are going to leave their homes and their communities with their friends and families to move into this city, no matter how well designed it is! The designers forgot that the most important part of a community is not the design, but the people! If they had made this plan, and then allowed the city to grow organically into this plan; instead of having contractors building this city, they should have had citizens build this city (give the workers apartments at a discount, have fewer of them build the city over a period of decades instead of a few short years), have teachers move in to teach at the school, all the shops would spring up to support the people of the community.
The problem isn't the design, it's the implementation.
Another amazing video!!! Love y'all!!
The scale of the building site is humongous! I thought the abandoned housing developments in Palmdale, CA after 2008 economic collapse were bad but this is completely something else. Our abandoned track homes were destroyed during various Hollywood movies. You have to wonder about the ultimate fate of this city.
They torched one real good in Lethal Weapon 3
Spain after 2008 had some pretty epic ghost towns too (and airports) - but nothing like this. It's a massive indication something is very very wrong in China economically - most of the planet it'd start alarm bells ringing; in China they just pretend it isn't happening.
Capitalism won't understand it. The place is already a busy town today.
@@glg9238 wait what? Kinda confused about your comment
@@kaiyotee2475 Ever heard of foeseeing planning?
I remember driving through several ghost cities in China. It was a stunning experience. The emptiness is very scary and weird.
name some “ghost cities in China”
One thing, there is a tram from Shenfu trough Shenyang City to Shenyang airport. And many bus between Shenyang and Fushun are stopping there.
So there is a public transport network.
This reminds me a bit of Songdo outside of Seoul. That's also 35 km apart. First time I went to Songdo more than 10 years ago it was also very empty, but gradually I think it got filled up.
Yes, but South Korea is an ally so it's okay. China is an enemy - so when they do the exact same thing as a U.S. ally, it's somehow "creepy" and "apocalyptic."
You guys are the best! Keep doing what you guys do, please!
You actually were.
Imagine how easy it would be for triads or something to store people/goods when there's so many empty places, devoid of even CCTV. At least the military & police can prevent that since they stalk the place, to their credit. Unless they're complicit, lol.
and considering the corruption in the PLA well
was a weird car for military but hey its china
Hey! Do you still owe 200lbs of grade-A cheddar to the rat king?
Many brothels there
Likely a place for the pla to hide corruption.
Or urban war training. Empty cities can hide a lot
How do you communicate so clearly wile riding motorcycles? The audio is amazing
I hope you can hire someone to go back there some day, and perhaps you could livesteam the event while telling the rider where to go.
Oh man there's just no substitute for C-Milk and Serpentza riding around in China. I'm so thankful they saved us these nuggets. HOORAY CONTENT!!!!!
I imagine it would look especially eerie at night. All those dark, empty windows….
I'm in Qingdao, and honestly, Chinese people turn the lights off by 11 anyways: it's hard to tell which communities are abandoned and which are inhabited. Usually we just look for AC units on the outside of the building.
And even the inhabited communities are only half full at best (empty real estate is one of the favorite investments of Chinese people).
I love how that guy was just standing there watching you recording him 😆
Oh. Just saw note below. This was before the stuff hit the fan. Happy about that. Keep safe.
US ghost cities be like: we’re 100+ years old!
China ghost cities be like: we’re 3 weeks old!
You know China is pretty old, right?
@@vtdemocracy7520 you completely missed the joke
@@vtdemocracy7520 I think the land called China is the same age as all the other land on Planet Earth.
@@JohnDoe555. 😂
@@JohnDoe555. you right but they talking about country not the land
**builds steel and concrete buildings that they never finish**
"we cheap out on steel and cement cause there is not enough of it"
Everything from China is cheap and shit. We need to be prepared to pay more for quality stuff made anywhere else.
Concrete is un-recyclable, that's why it's not used in northern America and parts of Europe and heavily taxed but the mixture itself is cheap in environmental wrecks of the world.
@@amir.420 concrete is recyclable.
wow you guys are brave thank god for people like you guy's to show the world what our own tv news don't show us.
The landscaping in Young City is beautiful. In 30 years all of those new trees will be gorgeous along the streets. The place has a lot of promise if the population grows and they can locate some jobs out there. Really reminds me of some development that occurred here in Texas in the 70s on a smaller scale. We have an area called the Woodlands that was developed and remained pretty distant from the Houston city center in terms of who wanted to live out there. It was considered a long drive and in the boonies. As the Woodlands started to grow, it developed its own little ecosystem of businesses and jobs. It's a very affluent area now and its own little city. Although it was master planned, the stages of growth were organic as people sought to get out of the inner city of Houston. Around the same time, there was a development called Waterwood which boasted a designer fgolf course on a boatable lake. Waterwood was TOO far out with nothing around it like restaurants and entertainment. It has failed in terms of growth- but it has infrastructure. I would tell anyone who is interested in serious prepping to buy Waterwood property. The hordes will never find you.
I miss this type of video - when they were actually in China. Are there you tubers like them still in China making videos?
@Ambient Music: To make you feel better probably because it became less and less safe
@@unknown-dq6df ya, i miss the videos where they were in china, but I’m also glade they are safe now.
One of the few times “Made in China” means quality.
shame that the country they loved treated them so cruelly
@@runforitman "the country they loved" lol sure
lets be real here. These guys make money and get views by posting anti-China rhetoric
Awesome. It is cool seeing these kinds of videos again. It reminds me why I started watching in the first place.
In commenting about not being able to see behind you and not wanting to look around, it occurred to me you guys were driving without rear view mirrors!
Cool video guys!
This is a prime example of what Ludwig von Mises would call "malinvestment", which is endemic in centrally planned economies. The waste of human and material resources caused by central planning, eventually causes the collapse of the economy and with it, the society in question.
@Sheriff Lobo Exactly! The apparent amount of wealth created during a credit and inflation fueled bubble is mostly illusory, and the popping of the bubble reveals the true value by removing the fictional “wealth” from the books. It is of course better to avoid blowing bubbles and steadily building solid wealth, so avoiding the crash that follows the boom, but this is not in the interest of the politicians and their cronies. Getting drunk feels good at the time but then comes the hangover.
What would he call our economy that teeters from crisis to crisis every decade or so while materially relying on China's to produce basically everything we use?
I disagree, IMHO it's the total reverse.
When I was working in legal commentary editing, the one vibe I got from lawyers advising clients was that in China, "anything goes" -- and there was a rumour circulating around that the only safe investments and partners in China were State-owned companies. Of course, some of these SOEs were toxic to the extreme, but in general the gist was that they were far less problematic than the big non-SOEs.
We've seen this happening with Evergrande (or as I call it, Arianna Evergrande given the propensity of the singer to butcher the song, not kill it, at the high notes).
I'm sure with FDI and demand cut by COVID-19, more and more non-SOEs will fall.
To me the problems of China stem more from lack of proper enforcement as opposed to the presence of the same.
Besides, in big industries, competition is a problem because barriers to entry are pretty high -- and exit from the market can be a big mess for businessmen stuck in too deep. Construction is one such area.
@@tylerfloodgate Mises would describe our economy as a mixed economy, with increasing levels of government interference and central bank credit expansion, building up to an inevitable collapse which he calls a "crack-up boom".
@@tylerfloodgate "our", well depends on where you are from. In my western country some things come from China, no surprise since China represents a huge part of the global population, but if you counted made in Europe vs how much is from China you'd still find nearly my entire spending is on made in Europe items. All the food is made in Europe, almost all vehicles in Europe are made here, all the buildings, all the furniture, and almost all my clothes are made in countries that aren't china, this leaves only few items, but pc chips are usually made by Taiwan companies which isn't china. A few things are from China. But people always say everything is made in China, that's not true unless all you buy is cheap junk items, they all come from China. Personally if China magically vanished overnight I would not have to noticeably change my buying behavior.
I love this kind of video, you exploring interesting places and talking crap. I miss you guys being able to do these kinds of videos in China so much! Hope you can go somewhere else and explore soon. I know it's more lucrative to do the podcast and videos from "home" but you gotta keep it interesting and get on the road as well! 👍
i'm from this city, been living in the us. but never been there before, i drive pass it all the time when i go back and visit. thank you for showing this
Love your work.
I miss you guys exploring like this. I have been glued to the screen for years following both of you. I know, I know... Things change.
Been watching you guys for quite awhile now. This place looks truly alien, thank you for what you do.
I LOVE THESE VIDS!!! more plz!
Which video contains the pit mine you fellas mention at the end? I can't find it, great video by the way.
The silver arch is pretty cool though.. that alone is worth the travel.
No, it isn't.
No, lol. Cool, look at it once, and then that's it. A million more interesting places in the world.
Lazy architecture always impresses the untrained eye. LOL.
St. Louis?
GO FOR IT…….& let us know about your experience of travelling to a Chinese Ghost town with a silver arch…..IF U MAKE IT BACK OUT OF CHINA…….
This is the stuff I love watching the most from you guys.. That and the Chinese ladies. More of both please.
I'd like to have a drive too in one of that ghost cities even just once. Those empty roads seems calling me lol
I went to the fake Paris in Tianducheng back in 2015. It was partially inhabited at that point, but the bottom of the Eiffel tower was completely blocked off with a fence and was used as a huge garden. The equivalent of Place du Trocadéro and Champs de mars had several broken fountains, and the path was blocked by a kindergarten (and probably a few businesses) that erected a fenced area to enlarge their footprint.
My mother in law X😁 moved there from Fushun 3 years ago glad I didn’t take the bait to buy hence separation. It could be a nice place to live markets are just a few miles down the road, which is vibrant. Thanks lads for showing.
To be clear, did you leave your spouse over this?
She left because I wouldn’t buy.
Think about it though, this could be a great marketing hook. Buy your mother-in-law a home way out here with nothing around in a building that will collapse in a decade.
@@stephenkerley3395 oh man, terrible that you had to make this kind of choice, but you made the right decision.
I hear bird sound, which proofed that this is a ghost city.
turns out they found birds in China
Hello Fellows, hope you are well and you are all enjoying settling in to your new home. I cancelled my membership today. I would like to have continued but financial constraints ATM do not allow. I look forward to renewing financial support in the future because you deserve it, your work is so important and you are so good at it, research, production and delivery are so good. In short I think you are both AWESOME. Love and best wishes to you both and all the beautiful ladies in your life xoxo
Awesome video its bizarre!
Love these videos of you guys just doing the talk while driving. Kind of wholesome even if the topic is not. If COVID dies down do this for other Asian/African countries. They should pay you to have you guys do a show on their country/culture. Keep up the podcast, it keeps me up to date!
I'm not sure specifically for these two as they have a large interest in China, but an interesting idea for other people indeed! I mean they do say they'd WANT to but ultimately I feel they are caught up in this Chinese culture activism thing right now. Maybe if the CCP fell though. Just IMO.
it's just greed, instead of buying one higher quality but more expensive item with long roi, they buy 3 ending up paying 1.5 more anyway and losing all 3 eventually, while being annoyed in the process.
i watched your channel to learn about china in 2012, i left
China this year (2021) and now watching serpantaz still trolling around in China.
As a isolationist this is my dream to live here.
The perfect Chinese city isn't it?
Awesome video. It’s pathetic that the Chinese government has such a hard time admitting fault. It will be their downfall
@Moy until the real estate crisis. Just give them a minute 😎
People can always go live there no problem it's in china
@@ruggeddiscipline6026 I wish China was open to foreigners. It’s almost impossible to get a Chinese passport or buy property there.
Right now the government is promoting hate and distrust towards foreigners.
Overall, Chinese people are awesome and deserve a better (not communist) government.
Trump and Trump Trash also never admit a mistake. Something to consider.
@@criticalthinker8953 that’s why he got voted out. We have a system of self correction and voting. China does Not.
“What a monumental failure!” Brutally apt.
Hi, the 6 Chinese Characters on the mystery building says International Engineering Consulting (or Inquiry).