Skyscrapers does not equal prosperity?

You'd think that a skyscraper being constructed means that economic prospects are looking good. But that might not be the case.

The Guardian, The Independent, and a number of other websites around the world, are all reporting the findings of a study by Barclays Capital.

According to that study, there is a link between the building of the world's tallest skyscrapers and the crashes in the stock and property that followed them.

This is not the first time I have heard of this phenomenon.

In an audio presentation that I have come across from 2003, Dr John Demartini mentions exactly the same idea.

And with China and India, two of the "BRIC" nations (Brazil, Russia, India, China), both building a lot of skyscrapers, this seems to indicate that we in the so called "developed world" have not much more than a couple of years to turn our recessions around and start growing again, before India and China go into recession. Best case scenario; we have 5 years before this happens. Worst case scenario; 2 years.

Dr John Demartini: Dealing With Depression.

Dr John Demartini: Stress keeps us from our full potential.