Those wealthy entrepreneurs who sold out at the top of the market have beautifully side-stepped the wealth destruction of the last 12 months. Just ask the Laidlaw family, who sold Hard Yakka to Pacific Brands two years ago.
It's official - the resources boom is over. It's bad news for Australia's economy and even worse news for the gang of mining executives and entreprenuers who became fabulously wealthy during the past two years.
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