Skyscrapers and economic crises revisited. A soothsayer’s perspective on the Shard
I’ve been increasingly worried about the possible collapse of the construction industry into a rather deep recession for some time. I have tended to keep my concerns in check, having gained a reputation for being gloomy. But while it’s tricky to tell accurately with the available data, the new orders figures just don’t seem to be healthy enough to me to support the current level of construction output. Ergo – to my mind at least – a nasty drop in…