bill klym

Will China Drop U.S. Debt? Unlikely

Look not to what the Chinese are saying but what they are doing.They are loading up on commodities.Commodities are priced in U.S. dollars.Why exactly would you being loading up on commodities if you believed the currency in which they are priced was going to hold its value?

Canadian Real Estate Slows Inexorably- Part III

In my view,Canadian real eastate is in better shape because regulators and politicians did not yield to the lobbyists and loosen lending rules.It seems to me that so much of the melt down that occurred in U.S. can be traced back to loosening of rules to allow insurers like Aig to take risks that they couldn't take before and to allow lenders like WaMu to make loans that common sense said were toxic.