At the Risk of Sounding Optimistic
Don't you think it is kind of rediculous that in 2006 to around early 2008, when it was absolutely assured that the world was running out of oil, and soon, the TSX was hitting new highs and most of the markets around the world were doing fine (until the mortgages started to unwind). Whereas today, it is absolutely assured that we are awash in oil and the global stock markets are falling.
Now, I don't want start sounding optimistic or anything like that, but wouldn't you think a world running out on an essential commodity like oil would have been perceived as a much greater problem, then a world awash in a cheap supply of the stuff. Is it just me or has this world completely lost touch with what a real problem is.