"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"
So The Economist apparently does not think too "highly" of my skyscraper theory
Joseph Salerno Interviewed on Gold Standard, Fiat Money...
Mises Daily Wednesday by Brendan Brown
Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.
I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!
The world is teeming with skyscraper building from China to London, and a new record-setting skyscraper is planned for 2016 in Saudi Arabia. Will this skyscraper herald the next global economic crisis as Dubai's Burj Khalifa presaged the 2009 crisis?
More evidence the future of Austrian economics is in good hands is Patrick Newman’s excellent piece of scholarship recently published in the QJAE as "The Depression of 1873: An Austrian Perspective."
According to a new report just out by McKinsey, global debt has increased by $57 trillion since the Great Recession, outpacing world GDP growth during this time period.
