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.
Showing posts with label India. Show all posts
Showing posts with label India. Show all posts
Thursday, January 12, 2012
Skyscrapers does not equal prosperity?
Labels:
Brazil,
BRIC,
China,
Dr John Demartini,
India,
Recession,
Russia,
skyscrapers,
stock market crash,
tallest buildings,
Viewpoint
Wednesday, December 24, 2008
Santa passes through India.
Santa has been in India just recently. We've recieved pictures of him at the Taj Mahal, but I have read reports as well that Santa made a brief stop in Mumbai and has passed on his very best wishes to the relatives of those who lost the lives in the Mumbai attacks.
I've just recieved a report that says Santa is gaining height at the moment, and I expect a report any minute.
Labels:
India,
Mumbai,
NORAD,
Santa Claus,
Taj Mahal,
Video reports,
Viewpoint
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