i******r
发帖数: 1175 | 1 So goes with Canadian dollar, inflated real estate bubble will be busted.
At 60-70/bbl, a lot of Canadian company in oil industry will go bankrupt.
Canadian dollar is heading back to 60-70 cent US. | b*****d
发帖数: 61690 | | i******r
发帖数: 1175 | 3 Oil sand is around 80/bbl, is the first thing in the chopping block. See
yesterday's news? Oil company is rushing in cutting investment, bankruptcies
announcements will be coming in weeks. Last several years there is an oil
bubble caused by GWB. The bubble is bursting. New norm of oil price
is 50-70 range, however, analyst believe it could head towards 35 first.
Massive lay off will be on oil industry for these high cost area. Oil sand
projects may have the layoff notes in print delayed by thanksgiving holidays
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