Quote:
Originally Posted by MTVN
It's unstable to be so reliant on it because any shifts in prices or sudden changes will have a massive effect, and the fact that the richest reserves have gone makes it more uncertain
http://www.economist.com/node/21552564 |
tell that to Australia and Canada. They both emerged from the crisis relatively unscathed. The only real negative effect on them was the rise of their own currency, which isn't the worst problem in the world to have.