Speaking of BC, this post reminds me of the provincial NDP government trying to encourage ‘high tech industries’ to replace forestry and mining as engines of employment.

Someone made the unfortunate point that the largest consumers of ‘high tech’ were the forestry companies.

I read recently that finance amounted to 34% of the UK economy. Finance is a service industry, and part of the recent collapse was the realization that money that was created out of thin air wasn’t particularly real.

A point of contention that causes much gnashing of teeth in the more enlightened neighborhoods in Canada is the rise of Calgary as a cultural center. These vile people with dirty hands from either oil or filthy lucre happen to spend their excess on paintings, art, music, etc.

It is no wonder that it is all falling apart. The US has become a consumer of services and foreign made gadgets. Paid for with borrowed money. Anything that actually makes something is being actively driven out of business by regulation or other factors.

This is going to be a long one.

Derek