2023-11-27 22:10:00
2023-11-28 06:10 United Daily News / Reporter Huang Yahui
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In economics, there is the so-called “curse of high-rise buildings.” This concept was first proposed by Deutsche Bank securities analyst Andrew Lawrence in 1999, so it is also called the “Lawrence Curse.” Lawrence observed that economic recessions or stock market depressions often occur around the time of the construction of the world’s tallest skyscrapers. The launch of super-large engineering projects often implies an atmosphere of loose government policies and over-optimism regarding the economy.
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