User: Brian Ripley: CAD Debt & Credit: Debt & Sales Momentum

MIRAGE MARKET: Canadians did not see that the housing bubble was over in 2Q 2010. The last 3+ years have been a gift to real estate sellers at the expense of retail sellers of stuff. Here's a wild hypothesis: with the announcement today of closing Pixar Canada after 3+ years in Vancouver, some +/- 100 employees are probably thinking of selling just as many condos that were bought during this same mirage market time period. More at www.chpc.biz