The biggest consumer nation on Earth is within a couple hundred kms from Regina... That count?
Investment flooding out of Canada at fastest pace in developed world
- Thread starter B00Mer
- Start date
The biggest consumer nation on Earth is within a couple hundred kms from Regina... That count?
Of course oilpatch acquisitions will increase, because they will cost 80% less to buy than they cost to build. It's a buyers market for all kinds of oil machinery as well. You should wonder why if price recovery is expected or could be that oilpatch aquisitions are to be had so easily. You just never mind me and sink some money in that game. Tankers are real cheap as well.
Not unless they miraculessly get out of the horrendous recession/depression. You can look at thier retail numbers, they are not the consumers they once were and never will be again. The rule is, if you don't have a manufacturing base you can't have consumers, you just wait and see how christmas shopping flops this year. If you don;t work you don't eat. The close proximity dosn't mean you can compete with the Chinese anyway, even if there was a market waiting for you.
Really, let's correct that right now.
Zeal to promote the common good, whether it be by devising anything ourselves, or revising that which hath been laboured by others, deserveth certainly much respect and esteem, but yet findeth but cold entertainment in the world. It is welcomed with suspicion instead of love, and with emulation instead of thanks: and if there be any hole left for cavil to enter, (and cavil, if it do not find a hole, will make one) it is sure to be misconstrued, and in danger to be condemned. This will easily be granted by as many as know story, or have any experience. (author unknown)
Zeal to promote the common good, whether it be by devising anything ourselves, or revising that which hath been laboured by others, deserveth certainly much respect and esteem, but yet findeth but cold entertainment in the world. It is welcomed with suspicion instead of love, and with emulation instead of thanks: and if there be any hole left for cavil to enter, (and cavil, if it do not find a hole, will make one) it is sure to be misconstrued, and in danger to be condemned. This will easily be granted by as many as know story, or have any experience. (author unknown)
Just as easy to promote the same theme with you.
How The Global Debt Bubble Is Crushing Commodity Prices
Submitted by Tyler Durden on 11/04/2015 - 18:05
Why is the price of oil so low now? In fact, why are all commodity prices so low? We see the problem as being an affordability issue that has been hidden by a growing debt bubble. As this debt bubble has expanded, it has kept the sales prices of commodities up with the cost of extraction (Figure 1), even though wages have not been rising as fast as commodity prices since about the year 2000. That period is ending as the productivity of additional debt is falling.
Submitted by Tyler Durden on 11/04/2015 - 18:05
Why is the price of oil so low now? In fact, why are all commodity prices so low? We see the problem as being an affordability issue that has been hidden by a growing debt bubble. As this debt bubble has expanded, it has kept the sales prices of commodities up with the cost of extraction (Figure 1), even though wages have not been rising as fast as commodity prices since about the year 2000. That period is ending as the productivity of additional debt is falling.