Guess who is the single largest supplier of oil to the US.....?
Do yo remember some comments during the election about cuting "dirty oil" from from being imported into the US....
Now look at the stats on this link!
http://tonto.eia.doe.gov/dnav/pet/pe...
CANADA imports as much oil into the US as Saudi Arabia and Venezuela.... Combined!
The EIA website is one of the most informative sources of statistics for energy I have ever seen. It cearly shows that there is an impending petroleum shortfall aproaching.
Fixing the US downturn will have it's roots in solving the energy supply and consumption within the US.... and that is what will drive commodity prices and the Canadian stock markets!
That will mean massive infrastucture buildout of wind, solar, geothermal, nuclear... etc projects... and manufacturing of the next generation of transportation.
Conservation will also be on the agenda...JMHO
All of the above involve creating millions of jobs... and jobs will solve the financial meltdown.