[SeeGeeWhy]

Originally Posted by crunch

It should be noted that the Russians hold most of the cards on oil prices. If you haven't noticed, the US is starting to take a tougher stance on Russia.
When Russia decides that they won't be bullied, look out. They could easily wash out the supply vs demand on oil and collapse the market.

As for what's happening in Alberta, homebuilders are making a killing. If the govt were actually good, they'd be looking out for the people, which they are not. It's become a free-for-all cash grab province, come one, come all. With absolutely no concern for the future. These booms don't last forever, and this one looks like all of the others. In the end, everyone stands around wondering "so..but...if...when...". At this point, a total disregard for managing a booming economy will be highlighted. Inflation is exorbitant in Alberta, when that becomes apparent, there are a whole lot of homeowners that will be down and out. I wish 1st time homebuyers would become more wary of that. The market seriously needs to come down.
Right now, everyone's smiling....and kidding themselves.

Care to elaborate?