This is easily the best interview I have read about the current economic crisis from a guy who has some serious credentials.  Take note of his credentials at the beginning of the article then ask yourself, am I more qualified then him to criticize his opinions?  I think not.

Maybe idiotic journalists will stop abusing history as Mr. Coxe puts it and stop comparing our current economic challenges to the great depression.

Also of course I need to agree that the government of Canada should and likely will protect the Oil Sands, BUT I always worry when the government is controlled by Ontario and Quebec whether a new NEP is some day on the way.  It’s like sleeping with one eye open I guess.

Also was interested in his opinion on Real Estate.  If you look at demographics maybe he is right, if we have less people buying up the homes of all the people dying  then you have supply outpacing demand?  You know what happens there class?  But this is something that will happen over a generation, not a few years.  In fact look at it this way, if our population is aging, then as they age they will just hang on to their homes which keeps supply out of the market as more young people want to buy.  OR they all make an exodus to seniors homes and specialized multi family buildings putting all their older homes n the market, once again over supply.  Honestly there are more then a few scenarios how this could play out so I’ll stop rambling, read the article…