How many cranes were there in Dubai when their bubble popped? (ie, when they had to get bailed out by the neighbouring emirate, and they re-named the largest tower Burj Khalifa as thanks to that emir?)
How many cranes were there in Tokyo when their bubble popped? Dublin? Madrid?
WA also has worst mortgage delinquency rate in the country, and it's getting worse:
http://www.moodys.com/research/Moodys-Australian-mortgage-delinquencies-rising-despite-economys-strength--PR_226947
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