Klause "In order to get foreign exchange (that is, other people's money in exchange for goods produced) you need to produce valuable content.... Grains, Lumber, Oil, Fish, Diamonds, Gold, Bismuth, Copper, Nickel, Water. All resources and all conjured into existence from nothing."
Huh? Germany and several other countries have successful productive economies without relying on a very large primary resource sectors. Canada also has lots of manufacturing and value added industries.
Norway is an example of a country that put a high value on planning and saving for the future when oil reserves run out. They are true fiscal conservatives! Something Canadians and especially Albertans should have paid attention to. Instead we have people who don't want to embrace inevitable change and want to cling to old ideas and failing industries.
If you think it is a good idea to invest only in oil and gas go ahead there is nothing stopping you.
Huh? Germany and several other countries have successful productive economies without relying on a very large primary resource sectors. Canada also has lots of manufacturing and value added industries.
Norway is an example of a country that put a high value on planning and saving for the future when oil reserves run out. They are true fiscal conservatives! Something Canadians and especially Albertans should have paid attention to. Instead we have people who don't want to embrace inevitable change and want to cling to old ideas and failing industries.
If you think it is a good idea to invest only in oil and gas go ahead there is nothing stopping you.
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