First Skyscrapers, Now Carboard Boxes and Mini-Skirts

A week ago, I warned you about the skyscraper index: As more cloud-hugging buildings are built, the economy goes the other direction, down, in other words. Now, here are a couple of more useful, or maybe useless, indices. The first one is the cardboard box index, reportedly a favorite of ex-Fed Chairman Alan Greenspan, creator […]

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The Skyscraper Index: Believe It If You Choose

A theory from 1999 is resurfacing as the world plunges deeper into its current economic woes: The theory that the building of skyscrapers predates economic doom. This tidy bit of logic was conceived by Andrew Lawrence, at one time a researcher for Deutsche Bank. Here are the “facts”: The Chrysler Building in 1929 and the […]

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