Skyscrapers Bad
“Often the world’s tallest buildings are simply the edifice of a broader skyscraper building boom, reflecting a widespread misallocation of capital and an impending economic correction.”
— A Barclays Capital analysis report tells us what we’ve known since at least the 1970s: Man’s hubris in reaching towards the sun will lead to downfall. It’s like we have to learn the lessons of Led Zeppelin and Iron Maiden and Ovid over and over and over again. (This time it looks like China, which is currently building 53 percent of the world’s skyscrapers, is in trouble.)