Tuesday, January 31, 2017

This Won't End Well - China Skyscraper Edition

China has been on a skyscraper-building boom for years, but, we suspect, 2016 may have seen the mal-investment boom jump the shark.

As Goldman Sachs illustrates in the following chart, China was head, shoulders, knees, and toes above the aggregate of the rest of the world in terms of skyscraper completions in 2016 .... http://www.zerohedge.com