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    Albertas Abhängigkeit von den Öleinnahmen bedeutet, dass die Wirtschaft einem Preisverfall folgt


    Albertas Abhängigkeit von den Öleinnahmen bedeutet, dass die Wirtschaft einem Preisverfall folgt

    https://www.cbc.ca/news/canada/edmonton/albertas-reliance-on-oil-revenues-means-that-when-prices-fall-the-economy-follows-9.7109134

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    5 Kommentare

    1. Canuck-overseas on

      Oil is spiking beyond $100 a barrel. The horrible conservative government in Alberta will declare victory. But they’ll still blow the money.

    2. Wolseley_Dave on

      It’s a petro-state. Or, rather, province. The sooner someone breaks the back of the oil and gas industry, the better.

    3. ninfan1977 on

      Yeah we know, its why many in Alberta are curious when the government refuses to allow renewable energy or any other projects in the province.

      Coal, oil and gas are all that allowed under Conservatives.

      They bet on black and tell everyone it will pay for everything.

      Guess what it doesn’t, and they cannot just blame Ottawa or the Federal Government for betting on one energy resource.

      This is exactly why you utilize ALL resources for revenue not just the one who donates to your party.

      By the last 100 years it seems Conservatives still have not got a clue how to run a Province or a budget.

      Why do they keep repeating the lie that they are better for the economy?

    4. DtheS on

      This is one topic (of many) that the Alberta separatists seem to dodge. How would an independent country of Alberta service its debt? What kind of bond yields can you actually count on getting if your ability to pay the debt is entirely dependent on a volatile oil market? (This is especially true for long-term bonds.)

      You stand a huge risk of getting into an inflation spiral if you can’t service your debt. If you can’t sell bonds at a decent rate, you end up printing money instead. Enough bad years in a row, and your economy starts to resemble Argentina’s.

    5. Puncharoo on

      It couldn’t possible backfire to base your entire economy on the stability of one of the most economically volatile resources in the world.

      Im actually fucking disgusted by how this fucking stupid province bases everything on oil, has no plan to diversify, gets mad when the feds try and force it, and ultimately pay the price when the price of it tanks. They’ve tried nothing and they’re all out of ideas.

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