rofl

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The smartest guys always roll there eyes when they hear "it's different this time" – which is interchangeable with "it's different out here". It's not. It never is. Realestate prices are out of whack in the short term. Whether this extends another year (>5%) or not I can't tell you. It will end and it will be ugly. I suggest people pick up a Financial Times (funny pink paper), WSJ, NYT, or for the really bullish Barrons to find out what is going on in the real world and how it may impact "the most beautiful place on earth". Easy money (credit) is drying up and the de leveraging of North American balance sheets has begun. This will probably take a couple of years and have some nasty surprises along the way. Fortunately were six months in.

Prediction is for 25% decline over next two years.

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Did you see the Doctor Who episode where the Daleks met the Cybermen for the first time?

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Please do not try to stand on silly point just one cover drive and your helmet will blow up in the air and your teeth's Ohh and please don't try to bat infront of me otherwise this left handed fast pace bowler will deliver a bouncer on over pitch that will blo your bat,pad,and ofcourse your helmet again and please don't try to be on bowlers side otherwise this left handed batsman going to shoot the ball in the air over boundry line that would be definitiley sixer on extra cover boundry.Anyway…..

SMART US & EUROPEAN CANADIAN ASIAN INVESTORS BUYING IN VANCOUVER – STILL CHEAP!

Micheal Rendalbards why don't you take a shower today every body knows that you are residing over sand. Micheal be careful don't let the gold slip away while you tumble over sand.Oh ho ho ho-Watch Out!!!!!

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Here's the kicker….if the BoC cuts rates and the CAD drops against the USD but still drops against the Euro what will that do to Gold priced in CAD?

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Last Updated: 12:48am GMT 11/03/2008

The Dublin government appears to be almost powerless to prevent a severe downturn. Ambrose Evans-Pritchard reports

The Irish banking system faces acute strains and may require a phase of temporary nationalization as the property slump leads to a wave of defaults, according to a leading Irish economist.

Morgan Kelly, of University College Dublin, said the government is almost powerless to stop the downturn becoming a severe slump. "We're in a classic post-bubble recession, yet we can't do anything that a country would normally do in this situation because we're inside the eurozone," Prof Kelly said. "We can't cut interest rates, we can't devalue, and there is a lot less room for fiscal stimulus than people think. We're stuck.

"We have a domestic recession now colliding with a global recession. It is the state of the banking system that will determine how terrible this will be, and frankly that is looking very shaky."

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just had the distinct pleasure of jaywalking across Hornby Street at the same time Bob Rennie was…. of course he was going in the opposite direction….as usual

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