Adams/North – Will ONE Phone Call Drop Home Prices By 80%

A number of our followers have asked about the parallels we might draw between Ireland a decade ago and Australia now.

In this edition Economist John Adams and I discuss what happened in the Irish crash, together with Sean Quinn who was there at the time. Specifically we look at how the banks were bailed out, and consider what would happen here in a similar scenario. There are lessons to be learnt, and questions to be asked.

WARNING: this video pulls no punches!

 

The John Adams And Martin North DFA Page:

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