#96
I always read Jonathan Manthorpe when he wrote for the Vancouver Sun.
But in those days, China was considered an oppressive Regime, even by Harper.
But now China is our friend, and Manthorpe’s views are no longer kosher for the MSM.

@The_Shit_Garth_Says – Who isn’t under some sort of USA influence??

Some pretty great descriptions in this… Obviously not written by a realtor though as there are non of the usual spelling mistakes and CAPITALIZED abbrvs.
http://www.buzzfeed.com/tanyachen/castles-that-cost-less-than-a-condo-in-vancouver#.llDE9RD5v

“Canada and China’s relationship… There will be certain situations in which it will be proved that a blanket of human rights were used to protect the worst sort of corrupt Chinese politicians after they fled to Canada. Canadian business people and politicians, Liberal and Conservative, maybe a couple of New Democrats, will be implicated in many corrupt dealings and because we do not trust the Chinese justice system it will be almost impossible to discern good guys from bad guys. It’s gonna get real ugly.”

Remember the CSIS bureaucrat who was laughed at for suggesting provincial politicians were under the influence of foreign elements?

The last time I checked, living off your savings don’t constitute anything illegal nor would the savings withdraw count as income.

Someone came here with $10M and decides to live off that would have very little income, but still extremely wealth and can live the same way as someone making $200K/yr. Yet because everything here is only based on income, rather than wealth, you can have extremely poverty in an area of extreme wealth.

You can argue and scream til you are blue in the face but until the tax law is changed so that living off assets can be taxed, nothing is going to be changed, and there is nothing surprising about it.

You can argue about money laundering all you want but if the asset is declared to Canada gov’t upon entry, it is perfectly legal.

fake watches, purses, shoes, iphones and now luxury suv’s…
http://tinyurl.com/nqar8xj

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it is only a matter of time before the best place on earth is knocked off and Wancouver sprouts up in the middle of nowhere…
http://tinyurl.com/plb3v3j

it also appears the ringmasters in what is the chinese financial “casino” have gotten smarter too…

step 1: selectively place landmines (for short sellers to trip over) in various locations. wealthy oligarchs, friends, family and associates are naturally tipped off in advance. these are detonated as the govt cherry picks which assets it deems worthy of paying way over asking for (or at least hints it may buy)
http://economictimes.indiatimes.com/news/international/business/china-considers-merger-of-two-top-shipping-companies/articleshow/48422226.cms

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China’s search for a replacement of Xiao Gang with a new securities regulator “reflects the party’s unhappiness with his performance”
http://www.theglobeandmail.com/report-on-business/international-business/asian-pacific-business/china-considers-replacing-head-of-markets-regulator-report/article25902680

@squeak

>The young folks are not stupid. They don’t rely on the papers/tv to be informed, they scour the net and find blogs with integrity, somtimes run by investigative journalists that have been fired from media that don’t want to serve the 98% with knowledge/information intelligently/truthfully.

if they had listened to the papers and the media they would have bought a place because they would have been warned that they would be priced out forever. if on the other hand they listened to blogs, they would have to move away because they would now be priced out.