Comments on: Foreign Investors Abandoning US Treasuries http://www.nakedcapitalism.com/2007/09/foreign-investors-abandoning-us.html Mon, 23 Nov 2009 00:03:24 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2007/09/foreign-investors-abandoning-us.html#comment-786 Anonymous Mon, 10 Sep 2007 15:55:00 +0000 http://www.nakedcapitalism.com/2007/09/foreign-investors-abandoning-us-treasuries/#comment-786 I think I read something to the same effect from a Paul Craig Roberts(?) article awhile back (a couple of years ago?).<br/><br/>And then over the last year or two, there have been articles about countries decoupling from the US$ as a reserve currency.<br/><br/>I agree with it.<br/><br/>A lot of Asian money has moved north to Vancouver BC. It's not uncommon to see 3-4 bedroom houses on a very small lot go for $1.8M C$. Vancouver has become a destination for a lot of money that used to go to the US.<br/><br/>And I suppose they'd spend in the US if they weren't worried about the US$ falling further, otherwise they'd be buying up a lot US real estate. <br/><br/><br/>-A- I think I read something to the same effect from a Paul Craig Roberts(?) article awhile back (a couple of years ago?).

And then over the last year or two, there have been articles about countries decoupling from the US$ as a reserve currency.

I agree with it.

A lot of Asian money has moved north to Vancouver BC. It’s not uncommon to see 3-4 bedroom houses on a very small lot go for $1.8M C$. Vancouver has become a destination for a lot of money that used to go to the US.

And I suppose they’d spend in the US if they weren’t worried about the US$ falling further, otherwise they’d be buying up a lot US real estate.

-A-

]]> By: Eric http://www.nakedcapitalism.com/2007/09/foreign-investors-abandoning-us.html#comment-779 Eric Mon, 10 Sep 2007 07:56:00 +0000 http://www.nakedcapitalism.com/2007/09/foreign-investors-abandoning-us-treasuries/#comment-779 Hi Yves,<br/><br/>As usual, fantastic comments. Thanks!<br/><br/>I'm an admitted amateur, but have put some of my thoughts on my blog. I agree this is a bigger deal than a casual glance may indicate.<br/><br/>Best regards. Hi Yves,

As usual, fantastic comments. Thanks!

I’m an admitted amateur, but have put some of my thoughts on my blog. I agree this is a bigger deal than a casual glance may indicate.

Best regards.

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