Предвестник беды — массовое строительство небоскребов
The boom in skyscraper construction in China and India could be a sign of an impending economic tsunami in two of Asia's largest economies, according to a new report from Barclays Capital.
Barclays has found an "unhealthy" correlation between the construction of the world's tallest buildings and financial crises over the past 140 years. Today, China owns almost half of the world's skyscrapers (buildings taller than 240m) under construction. India, which has only two skyscrapers but is building 14 more, including the world's second tallest in the financial center of Mumbai.
Historically, intense growth in high-rise construction coincides with cheap credit, rising land prices and excessive optimism, but often after the skyscrapers have been built, the economy begins to slide into recession.
Великой Депрессией закончилось строительство трёх небоскрёбов в Нью-Йорке: Уолл-Стрит 40, здание компании Крайслер и Эмпайр стейт билдинг, которые были полностью сданы в эксплуатацию в 1929 — 1931 годах.
Экономический и нефтяные кризисы 1970-х годов разразились с завершением строительства башен-близнецов в Нью-Йоркском всемирном Торговом Центре, в 1972 и 1973 годах, и Чикагской Sears Tower (сейчас называется Уиллис-Тауэр) — в 1974 году.
The 1997 Asian financial crisis coincided with the completion of the Petronas Towers in the Malaysian capital, Kuala Lumpur. Dubai's 4.1 billion Burj Khalifa project, completed in 2010, is now the tallest building in the world. During construction, Dubai nearly went bankrupt and the world slipped into the Great Recession.
«К счастью для мировой экономики, в настоящее время не ведётся строительство небоскрёба, который побьёт рекорд высоты дубайской высотки (824 м)», говорится в докладе Barclays.
However, signs of trouble are mounting in China and India.
To be continued...
Based on foreign press for ForTrader.org
It's all the skyscrapers' fault.....
It is time for the author to cure himself and get out of his Khrushchev cockroach and stop rubbing his nose in the backward Europe, which itself is not against building skyscrapers.