20/09/2018
Harvard lecturer and economist, Dr Vikram Mansharamani explains how unconventional indicators can help navigate uncertainty. eg Skyscrapers can assist investors in identifying where financial bubbles may be brewing. Their (those building the next highest) confidence in the future of the world indicates a bubble.
Nothing new. "Pride comes before a fall".
Current highest building at 828m is the Burj Khalifa in Dubai. Under construction is the Jedda building in Saudi Arabia which will be the first building to be taller than 1 kilometre! With energy supply reaching an excess globally (including solar wind and tracking) will a collapse of the oil price precipitate the next "greater financial crisis" starting with the world's biggest oil producers? Let's watch the space......
