Macleans on Dec.9th 2015 published 50 charts on the economy that give a good picture of what is happening. They are definately worth a look. Link is at the bottom.
Greed and fear those are the ingredients that shape the market. Fear is dominating now but the old timers in the oil industry knew it was coming, it was just a matter of when.
I will bring it up again but it is obvious that Norway had planned for this day setting aside a trillion dollars and Canada mis-managed the resource boom. The blame rests with governments and the people who elected them.
http://www.macleans.ca/economy/economicanalysis/the-most-important-charts-for-the-canadian-economy-in-2016/
Greed and fear those are the ingredients that shape the market. Fear is dominating now but the old timers in the oil industry knew it was coming, it was just a matter of when.
I will bring it up again but it is obvious that Norway had planned for this day setting aside a trillion dollars and Canada mis-managed the resource boom. The blame rests with governments and the people who elected them.
http://www.macleans.ca/economy/economicanalysis/the-most-important-charts-for-the-canadian-economy-in-2016/
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