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Archive for the ‘The World’ Category


What Does the Health of the PRC Economy Mean For YVR Real Estate?

I spoke with one of my tenants today. He’s an import/export entrepreneur who does business between here and China (PRC), Taiwan and Latin America. I asked him if the people in the PRC were concerned about the economic downturn there. He had two comments, both quite surprising, and yet very logical. First, he said, it’s […]

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Bailouts

I don’t know where this originated, but someone emailed it to me. It’s a good chuckle. “It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German […]

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The US Government – Business As Usual

Kelly McParland writes in the Post that majority government saved Canada when we faced a debt rating downgrade, but that the US suffers from paralyzingly partisanship, and so will not be able to do what Canada did. He cites the S&P report from last Friday which states, in part, that “The political brinksmanship of recent […]

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Sunday Morning Comin’ Down

I woke up Sunday morning with no way to hold my head that didn’t hurt, And the beer I had for breakfast wasn’t bad so I had one more for dessert, Then I stumbled to my closet for my clothes and found my cleanest dirty shirt, Then I washed my face and combed my hair […]

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Debt Ceiling and Market Crashes

“The news from France is very bad…” We can safely modify Churchill’s opening line from a June, 1940 speech to: The news from the global economy is very bad. We are clearly in a long term economic struggle. Possible outcomes are inflation/stagflation, low growth, contractions leading to lower prices, continued unemployment, and changes to the […]

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