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Skyscraper Index

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Old 01-12-2012, 09:43 AM
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Default Skyscraper Index

Apparently there is a correlation between building the worlds tallest skyscraper and the economy going into the toilet. China is about to finish the world's tallest building, so I guess here we go ...


Barclay Capital: The Skyscraper Index

As the Skyscraper Index (first published in 1999) shows, the link between construction of the world's tallest building and an economic crisis has proved remarkably accurate. It may have started with the Tower of Babel, but over the past 140 years an unhealthy correlation exists between the building of world's the next tallest building and an impending financial crisis: New York 1930, Chicago 1974, Kuala Lumpur 1997, Dubai 2010.




http://www.zerohedge.com/news/china-...barclays-finds
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