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POSTED ON December 3, 2019  - POSTED IN Guest Commentaries

Did you now skyscrapers can predict economic crashes?

And the skyscraper index is flashing red.

As economist Mark Thronton explained in his book, The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century, the so-called Skyscraper Index has a remarkably accurate record signaling economic downturns dating back to the late 19th century.

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