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Andrew Lawrence proposed the Skyscraper Index in the aftermath of the 1998 Asian Contagion. His theory states that the world's tallest buildings have risen on the eve of financial downturns. That is, nations that place up the world's tallest structures enter an economic downturn shortly thereafter.
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What the German minister is stating is the Federal Reserve is planning on printing more cash and purchasing US Treasuries (asset purchases), which will devalue the dollar towards other globe currencies. We will discover out for particular on November 3rd from the Fed if this is the situation.
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