Thursday, September 30, 2010

Milena Velba Miosotis Real Estate Agent

Economic News: Videos Olivier Delamarche

Delamarche Olivier also said the gap between the economy and the stock market. His view is again very interesting.


Wednesday, September 29, 2010

Disability Tax Credit

I'm back

The economic news is becoming increasingly dense. The "double deep", as many fear, seems to approach every day. I must admit that the situation is quite amusing
most economic indicators are deteriorating U.S. and European financial markets and rising.

It may sound surreal but it is not that much. Indeed, the economy deteriorates more and more hedge funds and banks are speculating on a second wave of "free money" that can be used at leisure on the various financial markets (mainly raw materials) without paying interest. Better still if we take the case of the USA, banks can borrow at 0.25% and invest in T-bonds at 1.03% a year more to see 10 and 30 years. The European crisis of confidence had come to disturb this little game with emphasis on the fact that Treasury bonds of a country like Greece are not without risk and that a country can also go bankrupt.

Another factor in rising markets is greater intervention by central banks in different markets, whether on the exchange (like last week in Japan) or even on the derivatives markets as that is the case FED USA. Obviously, all this comes at the cost of having high inflation in the medium term because we must not forget that unless we managed to remove all this liquidity when the time comes you can watch the total depreciation of the dollar but who cares finance today behaves from day to day and we are forced to do the same.

Alexandre Letourneau

Friday, August 27, 2010

Housewarming Quotes Christian

End of Laos, Cambodia beginning

2nd part of Laos:

Then we did the river tubing in Vang Vieng, one of the biggest party place in Asia. The pricipe is quite simple: to slide into the tube and catch the strings that you launch Lao you climb into the various bars that line the river (there are 10!) In each bar there are a string of 10 Tarzan meters tall, giant water slides, volleyball courts in the mud, and buckets (drink 2 liters) of whiskey Laotian $ 2. They charge you if you do not bring the tube before 6pm, that person is we were not been so bad we have a report 8pm. Something completely insane, and quite dangerous it is at least one death per year tourist but really ... fun!

Laos is a country of only 6 million inhabitants, very small compared to other Asian countries. There is no great city, even the capital is very small. There are no highways, no chain restaurants or convenience stores (thats the first country I visit and there is no McDonald). People have a very relaxed life, they do not break your head. They are poor but do not starve, there is an abundance of fruits, vegetables and meats in Laos and it would cost really cheap food. One thing that bother to start the Laotian cest always try to load more tourists and local, for anything so it must always negotiate everything, even his breakfast. People do not talk not English, and cest difficult to have discussions with the locals, except french with older people who learned the language at school in the 50s or 60 but it is rather rare.

Southern Laos was really rural, we stayed two days in a house beside a nice big drop, or chickens, pigs, cows walking in the small town and children were bathing naked in river .

It is now back in Thailand or the difference between these 2 countries jumps out at us, Thailand is truly a highly developed countries compared. We take a night train tonight to Cambodia, another country that we really hate to visit. Me and Steph