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Alberta economy is about to nosedive...
Ms Sans Serif
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[quote:Anonymous Coward 27734903:MV8yMTIzMzA5XzM1ODI2NjMxXzY0QzQyQTND] "We don't have a Federal Reserve like the USA that can print an unlimited amount of money...." This is your saving grace. You may be in for a painful backslide, but, because of our fed, we will be selling dried cow-pies for heat in the very near future. [/quote]
Alberta was the engine of the Canadian economy over the last decade.
It is clear that the good times are over now!
The 500,000 dollar houses in Edmonton are about to slip down to 300,000 before ya know it. There will be many 'toys' for sale at bargain prices here in Alberta ( quads, rv's, boats, snowmobiles,etc ).
Alberta has way overspent during the last 10 years and the chickens are coming home to roost.
Frivilous businesses will be going broke in droves over the next few years. Just watch how many of the coffee shops and restaurants here in Edmonton will close their doors this year.
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