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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.85

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Nov 20 4:00 PM EST

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To: TobagoJack who wrote (50121)	5/17/2009 3:11:32 PM
From: Riskmgmt	Read Replies (2) of 217905

When I consider the size of the American economy and the freedoms that we still enjoy. I have to ask myself if I was to own Property anywhere in the world where would I feel it would be safer? I can not think that Europe would be better, in general, because for the most part they have more restrictions, more socialism, rent controls, etc. South America and Asia can be unstable, think Argentina, Thailand, Malaysia. Smaller areas HK and Singapore maybe, but HK only sells leased land and in the future who knows? Singapore's government has a subsidy on apartments for Singaporeans, hardly a free market. I think for all the problems here in the USA and I am not in denial about the fact we have major problems. However, so does everywhere else. Longer term once the imbalances are shaken out American real estate looks like one of the better assets to me. BWTFDIK. :}

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