Earlier today we discussed how China is in a race with the Saudis to build the world’s tallest skyscraper. But China’s not only trying to build the world’s tallest – the country seems dead set on building as many of these puppies as they can, period!

The Skyscraper Bubble in China

Of the 106 completed around the world last year, 62 – or 58% of the total – were in China. The next highest was Indonesia with nine, the United States Emirates at seven, and Russia with four. The U.S… only had two.

And it’s probably no surprise that China did the exact same thing the year before. In 2014, they finished 61 skyscrapers – just one less!

Since China is so clearly leading this trend up in the global bubble, it will most likely suffer the greatest depression to follow, as the U.S. did in the 1930s.

As bad as things could get here and in Europe, it will only likely be worse in China. And many economists still think China will have a soft landing. Good luck on that one!

The U.S. will hold up the best in this next crisis… and so will the buck. In fact, Boom & Bust subscribers are positioned to ride this long-term trend. Boom & Bust is our exclusive monthly newsletter in which we uncover key economic trends that will make you money. Click here to discover the economic news you won’t hear anywhere else, and how to make money on it as well.

Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.