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Friday, July 24, 2020

Financial implications if the Three Gorges Dam fails?

If this dam fails it has huge implications for China and the rest of
the world. Right now it has become a huge concern with deformations
apparently appearing and more rain forecasted. The spillways are all
open full blast. Reportedly other dams upstream are being blasted by the
CCP without warning flooding villages, to release pressure on the main
dam. With all spillways open as is, huge crop devastation is already
expected downstream.





With ~350 million people, enormous manufacturing, and a huge portion
of China’s GDP below the damn, what are the financial implications of a
dam collapse?


I think there is a major risk to the pharmaceutical supply chain.
Even ingredients and source materials for things made in India or the US
and elsewhere originate here.


Live feed of the dam with all spillways open. Apparently every few
hours people are spotting large debris from possible cavitation and
hearing large air pockets coming through:





Historical peak rainfall and flooding is usually by mid August I am told.


This is currently upstream


Deliberate flooding is happening everywhere to save railway lines and
other critical infrastructure and also to lessen pressure on the dam.




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