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The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World, by Ruchir Sharma

That suggests a rough benchmark for when a real estate investment binge reaches a manic stage—when it reaches about 5 percent of GDP.

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The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World

by Ruchir Sharma

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