DUBAI, United Arab Emirates—The opening of the Burj Khalifa, the world’s tallest building on Monday, comes at a time when the world is embroiled in a deep recession. Some see this as history repeating itself.
“If you look at all of the world’s tallest buildings, they were opened at a time when the world was facing an economic downturn,” Antony Wood, executive director of the Council on Tall Buildings and the Urban Habitat, told the Epoch Times.
Ten years ago, economist Andrew Lawrence suggested that it was possible to predict an economic downturn by noticing the creation of a new record-breaking skyscraper.
His theory, dubbed the “skyscraper index” or the “skyscraper curse,” has been given a fresh airing among columnists after the Burj Khalifa’s unveiling.
“If you look at all of the world’s tallest buildings, they were opened at a time when the world was facing an economic downturn,” Antony Wood, executive director of the Council on Tall Buildings and the Urban Habitat, told the Epoch Times.
Ten years ago, economist Andrew Lawrence suggested that it was possible to predict an economic downturn by noticing the creation of a new record-breaking skyscraper.
His theory, dubbed the “skyscraper index” or the “skyscraper curse,” has been given a fresh airing among columnists after the Burj Khalifa’s unveiling.
