Originally Posted by 660
Burj al Arab = crash of Dubai property market
So will the extreme real estate bubble of China burst with this? And will it send us into a even deeper recession?
(I know this isn't a fool proof theory with taipei 101 beeing one of the exeptions that comes to mind)
China is going to implode at some point my money is on sooner than later, but I doubt it will drag the rest of the world down, as the companies will just run like the wind out of china back to the US and Europe and then we have a buch of "new jobs".
Qatar is planing a 1000m tower, it's going to be interesting to see if they are going to follow the "curse".