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Canada Will Buy Your Debt...



October 08, 2008 – Comments (1)

I am of the belief paying down debt first is your best investment, however, here in Canada we have $121 billion of taxpayer money invested in this market.  I feel sick about it and truly wonder how the fund is doing. 

In any event I just did a search on what's happening and I found a couple articles.  In July it appears we started buying distressed debt.  It looks ok in August, actually, a stellar "paper" increase to 127.7 billion.

I wonder how these assets are being valued...

1 Comments – Post Your Own

#1) On October 08, 2008 at 5:34 PM, wizbiz777 (49.17) wrote:

Dwot,  Have you heard of united first financial?  They are in business to help people get out of debt. They are not a mortgage co. or anything like that. They are now in Canada to help Canadians to pay off thier mortgages in record time. This could be an opportunity of a life time.  Check out my website and get back to me if interested.

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