The Skyscraper Index

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Wednesday, January 11, 2012 The Skyscraper Index Building booms, especially the construction of the tallest buildings in the world, coincide with economic crises according to the Barclays Skyscraper Index. And the height of the buildings also reflect the extent of the crisis.  For instance, the construction of three record breaking buildings, 40 Wall Street, the Chrysler building and the Empire State building coincided with the Great Depression. Most recently, the construction of the Burj Khalifa coincided with the current global recession.  Judging by the Skyscraper Index, investors may want to be weary of the construction boom in China and India. China is expected to complete about 65 of its 124 skyscrapers under construction over the next six years. Meanwhile, India is planning to complete 14 skyscrapers over the next five years, including the Tower of India, which would be the second tallest building in the world. This is because the construction of skyscraper booms indicate a widespread misallocation of capital and eventually, an economic correction. For more information, click here.  Read » Also On Money Game Today: Richmond Fed Chief: The Central Bank Is Making Too Much Money STOCKS GO NOWHERE AND RUMORS ARE FLYING IN EUROPE: Here's What You Need To Know Intel Will Top Revenue Forecasts As Giant Recovers From Thai Flooding PRESENTING: The Hot New Indicator For Predicting Doom And Collapse Advertisement CHART OF THE DAY: It's Pretty Obvious What's Driving Unemployment CHART OF THE DAY: Life Is Just More Volatile In America CHART OF THE DAY: When Obama Runs For Re-Election, He's Going To Show This Chart Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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