That settles it!
It must have become obvious to readers that macroeconomic meltdowns fascinate me. It is why I think the euro is doomed, and why we need to keep back from that tidal wave as best we can.
But the best indicator of armageddon of all is about to trigger.
The curious can chase this, it is no fantasy - it is uncannily accurate.
You heard it here first:
Every time the world sets a new record for a tall building, the economy goes into meltdown. Take the petronas towers and the asian crisis, or khalifa building in 2007.
News: after stops and starts, the jeddah tower is due to break the record at the end of this year.
It is uncanny as an indication. It has stood over a century of testing.
Same time as the US bond yield inversion. Batten down the hatches.
This will get ugly.