Yesterday we aired a bearish prospectus for Canada written by “Cameroni,” a regular contributor to the Rick’s Picks forum. He expects a real estate bust and sees the Canadian economy ultimately getting dragged into the same deep bog that has trapped the U.S., on whom the nation’s export economy depends heavily.  Below is a response from “Bobtor” arguing that Canada is in far better shape than the U.S. to weather hard times, for a number of reasons. For one, the retail climate remains much healthier, with few signs of the blight that has shuttered tens of thousands stores, restaurants, malls  and prime commercial properties across America. Bobtor also thinks Canada’s political and business sectors are unpolluted by the kind of lies and corruption that have become endemic in the U.S. Here’s Bobtor’s post to the forum which can be accessed by clicking here:

Thank you, Martin, for reinforcing some of the key points of my comments that seem to be lost on Cameroni. I too was not saying that Canada is in great economic shape, but that by comparison we are doing much better than the US, for the reasons you have mentioned and for many other. And Cameroni, I am not a real estate professional any more than I am a stock professional; I merely invest in both real estate and in stocks. I just like to know the » Read the full article