Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

RE: US investments

[Baer1]

I stand to be corrected, but I don't believe that ownership of foreign properties is an issue. Riocan has made a major expansion into the US, and there is no concern about tax standing. They have been pursuing this over the last year or so and no flags have gone up. Riocan's investment is substantially larger than Artis'.
My big concern with the US as an investment platform is the potential for a US economic collapse. It is real, and getting more likely every day. Smoke and mirrors doesn't create wealth, except for a few greedy b'tards. The impact of the US going down the path of Greece, Ireland, Portugal, and Spain would be a thousand times as dramatic as the PIGS crisis in Europe. China is already backing away from the US currency, losing 2/3 of their US bond holdings, and stepping up as the new "go to" currency and markets. The WORLD economy is moving east, and I fear the US will be left behind because they cannot print enough phony wealth to compete.
BTW: I sold out my Riocan holdings this morning. I'll still hold AX for awhile because of the higher yield, but I do think investment in the US at this time is a serious mistake, no matter how attractive the price and debt rate is. There is a reason for those values.........