Skyscrapers & “Impending World Doom”

Posted by Pivotfarm via ZeroHedge

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Untitled1According to the index the construction of the world’s tallest buildings have always coincided with the great slumps and recessions that we have gone through in history.

According to the Barclays’ Skyscraper Index the construction of the world’s tallest buildings have always coincided with the great slumps and recessions that we have gone through in history.  The Chrysler Building completed in 1930) and the Empire State Building (completed in 1931) and the Great Depression all happened at the same time. The Burj Khalifa inDubai, United Arab Emirates was started in 2004 and finished construction in 2009 just in time for the global financial crisis to have really set in. The Petronas Tower in Indonesia was directly in line with the Asian crisis.

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