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The Commercial Property Bust, Eurovision War Contest, Bitter-er Lake

Multipolarity

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The Impact of the Real Estate Crisis on the Economy

When a single sector is hated, it has links and threads that connect it with other parts of the economy. For instance, if the real estate sector goes kaplunk, a lot of banks have significant exposure to that sector. It's just going to be worth a lot less in that sort of environment. So there'll be a direct impact that will ripple and flow through the economy.

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