16.10.12

Skyscrapers, Harbinger Of Economic Crisis


Engineers of China, completed 23 buildings in 2011. These buildings height more than 200 meters. Number of these buildings will be 249 at the end of this year.
China's company "Broad Group", planned most high building of the world complete in the 3 months. This building height 838 meters.

Company will start this project in december. But according the researchers, this project, can be cause of economic crisis.
By the Barclays published in a research, between skyscraper buildings and financial crisis. According this research, if the number of too much skyscrapers complete in short time, this situation can be harbinger of the crisis.
Because, increase in the number of skyscrapers; generally misdirected capital and the harbinger of the economic recession might be interpreted.
Increase skyscraper construction in the country, and finally Sky City project imminent danger may be pointing.
Company's claim this massive structure will be finishing three months. This claim "leave China" may be sending message to investors.
According to Financial Times possible to estimate the economic recession with number of skyscrapers.


Examples of this claim:

* 'Equitable Life' is first skyscraper of the world. This building was built in New York 1873. Economic crisis started in ABD with building completed and this crisis 5 years continued
* Malaysia's Petronas tower, completed in 1998. At the end of 1997 due to the Asian crisis that erupted in 1998, Malaysia's economy plunged into a recession.
* Dubai's tallest building, Burj Khalifa. Building has been completed, period were liberated by Abu Dhabi of Dubai.

* Malaysia's Petronas tower, completed in 1998.
At the end of 1997 due to the Asian crisis, Malaysia's economy plunged into a recession in 1998.
Work
* New York's Empire State Building was completed in 1931. U.S. banks collapsed this year, one at a time.
The construction of the building began in 1929. The bottom of the markets made ​​a short time, but the construction of the building was maintained.
* Metropolitan Tower, planning, made ​​at a time when the economic crisis is about to begin.
Construction began in 1907, Metropolitan Tower, located in New York.
* In India, more than 240 meters high skyscraper currently under construction and 14 in India are worried about a hard landing.