Re-posted from Wolf Richter’s Testosterone Pit

Next Shoe To Drop: Shoddy Solar Panels From China

From the article:

Executives at companies that inspect Chinese factories on behalf of developers and financiers said that over the last 18 months they have found that even the most reputable companies are substituting cheaper, untested materials. Other brand-name manufacturers, they said, have shut down production lines and subcontracted the assembly of modules to smaller makers.

Its another example, like pet food, children’s formula, children’s toys, dry-wall, etc.. the margins keep getting cut so that legitimate businesses (those that make safe, reliable products to specifications) are run out and only illegitimate businesses remain (who’s owners quickly close-up show if litigated or are found out only to start up some where else.)