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Megatalls Discussions of projects under construction at least 600m/2,000 ft tall.



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Old January 16th, 2015, 07:16 AM   #10001
fayzoon
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The gap maybe 3 floors by now
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Old January 16th, 2015, 08:09 AM   #10002
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Core has risen again, great!
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Old January 16th, 2015, 11:02 AM   #10003
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Can't even imagine how big this thing is ganna be

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Old January 16th, 2015, 11:24 AM   #10004
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Wowww

Thanks for the information.
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Old January 16th, 2015, 12:11 PM   #10005
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Quote:
Originally Posted by Gabriel900 View Post
The reason I stated that I'm not very optimistic when it comes to the completion of this tower in time is the fact that I read many reports and financial forecasts talking about the repercussion of the oil price drop we are seeing worldwide.

Forecasts indicate an even steeper drop of the oil price lower than 30$ a barrel is to be expected this year which will be followed by a very fast and unexpected rise of it which will be catastrophic and will lead to a crisis similar to 2008 and even worse, which will lead to many losing their jobs and civil unrest to rise in major countries affected.

The mentioned as well that one of the major countries that will be severely affected by this is Saudi Arabia, which is already dealing with increasing poverty issues. This will affect no doubt the progression of this tower and will put it on hold for a while.

This is what I read and watched from different sources of financial analysts worldwide.
Hopefully this will lead to a valuable discussion and not a childish and a GIF spammed one!
Saudi Arabia has nothing to do with this tower (as a government).
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Old January 16th, 2015, 12:13 PM   #10006
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Quote:
Originally Posted by iKHALEDM View Post
Saudi Arabia has nothing to do with this tower (as a government).
He's talking about the economy of the country, not the government.
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Old January 16th, 2015, 12:51 PM   #10007
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Quote:
Originally Posted by droneriot View Post
He's talking about the economy of the country, not the government.
Even if, most of the financing money for the city is from company most of its investments are abroad.
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Old January 16th, 2015, 04:58 PM   #10008
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Quote:
Originally Posted by Gabriel900 View Post
The reason I stated that I'm not very optimistic when it comes to the completion of this tower in time is the fact that I read many reports and financial forecasts talking about the repercussion of the oil price drop we are seeing worldwide.

Forecasts indicate an even steeper drop of the oil price lower than 30$ a barrel is to be expected this year which will be followed by a very fast and unexpected rise of it which will be catastrophic and will lead to a crisis similar to 2008 and even worse, which will lead to many losing their jobs and civil unrest to rise in major countries affected.

The mentioned as well that one of the major countries that will be severely affected by this is Saudi Arabia, which is already dealing with increasing poverty issues. This will affect no doubt the progression of this tower and will put it on hold for a while.

This is what I read and watched from different sources of financial analysts worldwide.
Hopefully this will lead to a valuable discussion and not a childish and a GIF spammed one!
I think those were weather forecasts you were reading... Or more likely fictional financial forecasts. How can a quick and "unexpected" rise in prices happen if it's in a forecast? I mean it's not unexpected if everyone knows about it before hand is it? Furthermore commodities are all about confidence in supply and current production levels to meet demand... Your Weather Forecasts seem to predict that the market will produce more and have more confidence in a future supply only to change it's mind 'unexpectedly'.
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Old January 16th, 2015, 05:08 PM   #10009
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I think with "unexpected" he means that the time at which it happens can not be predicted. Rather like weather forecasts, it makes me think more of earthquake forecasts, where they know something will happen in a given frame of years, but it will come pretty much out of nowhere to almost everyone anyway.
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Old January 16th, 2015, 11:37 PM   #10010
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I knew the spire was big, didn't realize that it was 337 meters itself.

If the spire alone where placed on the ground it would still be a supertall and even reach past the ESB's observation deck.

That's just crazy
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Old January 17th, 2015, 12:27 AM   #10011
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Kingdom Tower akbar
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Old January 17th, 2015, 01:32 AM   #10012
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؟؟؟؟؟؟؟؟؟؟
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Old January 17th, 2015, 09:21 AM   #10013
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Quote:
Originally Posted by j-biz View Post
Prince Alwaleed bin Talal is pretty much financing this project entirely by himself, and his wealth is derived from his investment holding company. They are very well diversified, so I imagine he's insulated from the oil drop.
So he's like some Buffet / Trump of the middle east with a much bigger tower
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Old January 17th, 2015, 09:38 AM   #10014
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WTF?!
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Old January 17th, 2015, 11:59 AM   #10015
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Quote:
Originally Posted by VacaLoca View Post
So he's like some Buffet / Trump of the middle east with a much bigger tower
exactly
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Old January 17th, 2015, 02:08 PM   #10016
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Quote:
Originally Posted by iKHALEDM View Post
WTF?!
Lol?
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Old January 17th, 2015, 02:16 PM   #10017
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Helva Helva El Arab.

I like if the arab turns the desert into green paradise and oasis with big skyscrapers
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Old January 17th, 2015, 06:38 PM   #10018
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Quote:
Originally Posted by VacaLoca View Post
So he's like some Buffet / Trump of the middle east with a much bigger tower
He's way richer than Trump, but not as rich as Buffett. Warren Buffett could build a KT on every continent and still have billions upon billions to burn.
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Old January 17th, 2015, 08:50 PM   #10019
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I think everyone knows what is being implied when someone says "XYZ is like some Donald Trump", regardless of the latter's current situation.
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Old January 17th, 2015, 11:26 PM   #10020
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Quote:
Originally Posted by R_g View Post
trump doesnt have much these days. he sells his name to put on things.



He's still a Billionaire a few times over. And to think, how many times he really has been dead broke throughout the years, and made a comeback
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