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Aguila

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  1. Projects are planned 5 years in advance at least. There was supposed to be lots of pipeline capacity available for the oil so multi billions were invested. 400000 barrels came online all at once at Teck Comincos new Fort Hills project then american refineries in the North shut down like never before to make things worse. Now Canada needs to shut down production so other countries can take our market share because they can get their oil to operating refineries and we cant. Notley ordered a 9% production cut. Sad day for Canada. Celebrations for all other oil producers.
  2. Sorry. No growth for us. Investors will often invest in the index of a particular country if they like that country's prospects. The tsx composite index hit a high in june 2008 of 15155. Today it dropped below 15140. The US DOW hit a peak in October 2017 of 14198 today it's 25138. That's a gain of 77%. There is no way to sugar coat that aspect. But as I admitted previously, maybe selling our homes to foreigners is a viable way to keep our economy moving, or maybe it's like burning the furniture to keep from freezing. Trudeau needs to lay pipe and lots of it.
  3. You proved it yourself. Draw a straight line from the peak in 2008 to today for the tsx and there you are. It's flat. Do the same for the american market (your top graph? no what is that top graph?) and you will have an 80 % gain. ( I can find a graph with a little more sensitivity which would show a 0 gain for the tsx, this one seems to show it being up by a few %. no biggy) Yes, Americans are the main beneficiaries of our stupidity. Nothing there for me to prove afaik.
  4. The American markets have risen 80% in ten years, Canada's are flat. If you need me to prove it, I will. Maybe selling the city to keep the economy alive works. I'm not sure. I am not talking about billions of foreign aid, I'm talking about billions of dollars of oil we let other countries receive the money for.
  5. Our social programs are available because financially troubled BCers, Sasks, Martimers were able to move to Alberta to contribute rather than drain. Now even @Warhippy will find a better life. Yet fellow canadians are complicit in attempting to destroy what could be our last sanctuary. Bizzare.
  6. If you invested in the dow 10 years ago your return would be about 80%. Invest in the tsx (Canada) at the same time and your return would be exactly 0%. There's a reason for that. As far as basic economics are concerned, if there' s something you know that I don't, what is it?
  7. You and your friends must be doing great financially. Congrats. It has little to do with Alberta and much to do about the country. So many billions sent to foreign lands instead of staying here and helping Canadians. Our stock market has gone nowhere and the Americans are through the roof. We are idiots and get what we deserve.
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