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SchiffGold Friday Gold Wrap Podcast

BONUS: What Can Skyscrapers Tell Us About the Economy? Interview with Economist Mark Thornton

51 min • 31 oktober 2018

This bonus episode features the audio from Friday Gold Wrap host Mike Maharrey's interview with economist Mark Thornton. What can skyscrapers tell us about the state of the economy? A lot actually. In fact, you can predict economic crashes by looking at skyscraper construction, as Thornton explains. You can watch the video of this interview here: https://www.youtube.com/watch?v=vHz3O2vBt9E Mark Thornton holds his PhD in economics from Auburn University. He predicted the 2000 housing crisis several years before it started. Mark is the author of several books including his most recent release, The Skyscraper Curse and How Austrian Economics Predicted Every Major Economic Crisis of the Last Century. Mike and Mark discuss how skyscrapers can help us predict economic crashes, the Austrian business cycle, why printing money out of thin air causes problems and what skyscrapers are telling us about the condition of the economy today.

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