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<p>[QUOTE="Zuhara, post: 857186, member: 23099"]You're not going to hear any criticisms from me, since falling off high horses seems to be one of my hobbies <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. And I'm hardly going to defend the devaluation of my currency and the selling off of our assets at "bargain" prices to foreigners who won their government's currency lottery. As for hypocrisy, when I can open a bank account in a Canadian bank without proving residency in Canada first, or open one in Switzerland without being told that they don't want to deal with the hassle of US clients anymore, not to mention risking an audit when I get the account, I might look a little more kindly on the buy-it-now US firesale idea.</p><p> </p><p>I am also thinking about foreign currencies. But you want to keep in mind that Canadian and especially Australian dollars are treated as "risk assets" by the investment community, and could reverse and sell off very quickly if/when the climate changes. So you would want to be able to exchange them back into something else quickly yourself. I'll post anything useful I find out.</p><p> </p><p>I've been reading about it in the Canadian media online. It's not exactly a hot topic in my local US press <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />.[/QUOTE]</p><p><br /></p>
[QUOTE="Zuhara, post: 857186, member: 23099"]You're not going to hear any criticisms from me, since falling off high horses seems to be one of my hobbies :). And I'm hardly going to defend the devaluation of my currency and the selling off of our assets at "bargain" prices to foreigners who won their government's currency lottery. As for hypocrisy, when I can open a bank account in a Canadian bank without proving residency in Canada first, or open one in Switzerland without being told that they don't want to deal with the hassle of US clients anymore, not to mention risking an audit when I get the account, I might look a little more kindly on the buy-it-now US firesale idea. I am also thinking about foreign currencies. But you want to keep in mind that Canadian and especially Australian dollars are treated as "risk assets" by the investment community, and could reverse and sell off very quickly if/when the climate changes. So you would want to be able to exchange them back into something else quickly yourself. I'll post anything useful I find out. I've been reading about it in the Canadian media online. It's not exactly a hot topic in my local US press :).[/QUOTE]
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