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It's not just Vancouver, it's a global debt issue!

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PatrickGunville | 23 Aug 2013, 06:34 AM Agree 0
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It is a Federal Reserve driven global debt bubble, fueling all assets that derive their value from borrowed money! Real estate in all major economic centres, London, Manhattan, Australia, China, Vancouver. Around the world the disparity grows between rich and poor, as the wealthy elite class occupy the international housing market. Assets are so over-priced they cannot legitimately be defined as assets anymore, because their over valuation destroys any potential return on investment!
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