Tokyo Skytree

Tags: Booms and Busts

05/23/2012 Mises Wire Mark Thornton

As the Christian Science Monitor noted, Tokyo Skytree opens as the tallest tower in the world. It is a broadcasting and observation tower and so it does not qualify as a skyscraper and therefore it does not signal a global economic crisis. However, with regional records being set in the Pacific Rim, China, India, and Europe as well as a new world record skyscraper in development in Saudi Arabia it reinforces the warning signals from the Skyscraper Index.

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