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Central Alberta | Asian markets may stabilize but will never get going again because of aging demographics. Aging populations mean that the economy shrinks slowly. The oil glut will be dealt with on the supply side by bankrupting producers like Venezuela and Nigeria. We have to keep in mind that everything that has happened since 2009 has been phony because of massive money printing and new debt. That includes commodity prices and land values. The market is now dealing with the excess. | |
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Oil storage tanks about full?
