Friday , April 26 2024
Home / Mike Norman Economics / Gigantic machine used to construct residential building in Chongqing, China

Gigantic machine used to construct residential building in Chongqing, China

Summary:
Many Westerners and economists have been predicteding China’s economic crash for many years now, but it always seems to hold up. Now an aging population without enough young people is often quoted as a reason for the next crash. But China thinks out of the box, and dramatic projects, unthinkable in the West due to short terminism, can occur in China. AI and equipment like this is reducing the need for labour. 1 floor in 3 days! A gigantic high-rise building machine is used to construct residential buildings in Chongqing, China[embedded content]The Telegraph: Watch: the 580-ton monster machine contructing bridges in ChinaThe episode above shares some fascinating facts about the SLJ900/32 Segmental Bridge Launching Machine.Created by Beijing Wowjoint Machinery Co, this colossal 580-ton

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

John Quiggin writes The war to end war, still going on

New Economics Foundation writes Reclaiming our regions

New Economics Foundation writes New Economics Podcast: Why is the benefits system failing disabled people

Michael Hudson writes Jill Stein: Splitting the Pro-Imperial Vote

Many Westerners and economists have been predicteding China’s economic crash for many years now, but it always seems to hold up. Now an aging population without enough young people is often quoted as a reason for the next crash. But China thinks out of the box, and dramatic projects, unthinkable in the West due to short terminism, can occur in China. AI and equipment like this is reducing the need for labour. 

1 floor in 3 days! A gigantic high-rise building machine is used to construct residential buildings in Chongqing, China





The Telegraph: Watch: the 580-ton monster machine contructing bridges in China

The episode above shares some fascinating facts about the SLJ900/32 Segmental Bridge Launching Machine.
Created by Beijing Wowjoint Machinery Co, this colossal 580-ton machine is used to construct bridges in China, extending itself between pillars and placing beams along the way.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *