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Bursting the Bubble - Part 3 of 6

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Uploaded by on Sep 9, 2008

Episode of "Insight" that deals with the bursting of the Australian real estate bubble. Aired on 9 September 2008.

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Education

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Standard YouTube License

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  • Krudd will look after his immigrant constituents and stop their bsuinesses from failing and losing their houses. At least they have somewhere to move back to if Australia gets WORSE. She should sell her house and business and liquidate and then live like the rest of us.

  • naive stupid people, do they really think to create money out of thin air??

    this will all end in a horrible collaps one day.

  • Leticia should sell the house immediately. She should lower the price until it is sold. Apparantly she said it was worth $900,000, I think, so that is plenty to retire on. Borrowing $500,000 to start a new business is very risky and for someone her age I don't think it's a good idea. She should be enjoying her old age.

  • Thanks for uploading this video ;)

    Peace

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