The Olympics As the New Skyscaper Index

This video is rather old (Pre- 2012 London Olympics), but watching this the other day I could not help but think the Skyscraper Index.

The Skyscraper Index, if you will recall, states that the completion of large skyscrapers will at times mark the end of economic expansions.The index does not suggest a cause and effect relationship but more of a anecdotal indicator at best. Significant arguments and evidence for and against this theory/index do exist, but in some instances the completion of large-scale construction projects (like skyscrapers or Olympic complexes) do appear to herald the end of an economic expansion. And Just an FYI- next year will bring the completion of the new World Trade Center in New York City, Sky City in China, and the Olympics in Sochi, Russia.

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