Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

Tuesday, June 15, 2010

Demand for (our) Assets Increases (& Russia is already doing it)

Abridged & amended excerpt From June 15th article:

"During the (second/third wave of the) financial crisis, investors sought Canadian tangible assets and securities because they had confidence in this country and our ability to act to fix our problems,”
“We are going to do everything we can to make sure we continue to earn that confidence because it’s so important to our economic strength.” and this will be the underpining of Canada's emergence as a 'more-than-middle' economic/socio-political power.

Trouble is .... there aren't enough bonds/Cdndollars to satisfy demand! ... they'll buy our real property as investment vehicles instead! Editorial Opinion in Red


AND .... on June 16th
Russia to Buy Canadian, Aussie Dollars for First Time
June 16 (Bloomberg) -- Russia may add the Australian and Canadian dollars to its international reserves for the first time after fluctuations in the U.S. dollar and euro. .... see full story


AND on June 22/10

Central Banks Show Euro Losing Appeal as Loonie Gains

June 22 (Bloomberg) -- The Australian and Canadian dollars are becoming reserve currencies for central bankers seeking alternatives to deteriorating government credit quality in Europe, the U.S. and Japan.


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