2min chapter

When the Facts Change cover image

Is the housing market’s tide really turning?

When the Facts Change

CHAPTER

The Markets Can Stay Irrational Longer Than We Can Stay Solvent

The new chief economist for the reserve bank, paul conway, he's been around. He is a very experienced personan he knows that if you come out and say 'this time is different' they're up against it. The markets don't respect these intelligent, well informed, well researched people as our hero, john maynard kates, who is, of course, behind the name of show when the facts change.

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