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by bootload
5675 days ago
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"... I think the fact our housing bubble hasn't popped yet goes a long way to explaining why our banks look to be in such great shape. I'm not sure all the patting ourselves on the back is necessarily warranted. ..." I walked 240km (Canberra to Kosciuszko) earlier this year on a bet made on the housing bubble ~ http://www.flickr.com/photos/bootload/collections/7215762379... and the most interesting thing I learned was how broken economic models really are. |
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