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Sly Capital Panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works. John MillDESCRIPTION
Panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works. John Mill. Auckland New Zealand house bubble. August 13, 2015. There is a wealth of comedy coming out of the housing bubbles in Australia and New Zealand. This from Liam Dann, The New Zealand Heralds Business Editor. But is it a bubble? Well, how do you define a bubble? It is not a bubble because it hasnt collapsed yet? I dont own a home, cant af.Auckland .PARSED CONTENT
The site had the following in the homepage, "Panics do not destroy capital; they merely reveal the extent to which it has been destroyed by its betrayal into hopelessly unproductive works." I noticed that the web site stated " Auckland New Zealand house bubble." They also stated " There is a wealth of comedy coming out of the housing bubbles in Australia and New Zealand. This from Liam Dann, The New Zealand Heralds Business Editor. But is it a bubble? Well, how do you define a bubble? It is not a bubble because it hasnt collapsed yet? I dont own a home, cant af."