China erecting the biggest bubble in human history

The skyscraper theory about economic cycles is well-known, but China is ramping it up to new heights.

It took Dubai more than five years to build the 828-meter Burj Khalifa, the world’s tallest building (for the moment, anyway).

But Chinese architects and engineers reckon they need a mere 90 days to leave the Emiratis in the dust.

At least, that's what they've claimed.

Broad Sustainable Building (BSB), a construction company based in Hunan, is planning to erect an 838-meter building called Sky City (天空城市) later this year in Changsha, the provincial capital of Hunan Province.

I don't know what the weather is typically in Changsha, but the ghost skyscrapers in Bangkok built in the late 1990's haven't aged well.