What does everyone do for work?

[Reef_Geek]

Originally Posted by Reef Pilot

Hmmm, wonder how much SW equipment would be up for sale if/when the energy boom ends in Alberta...

There would be a lot for sure, but equally, there would be very few people looking to buy. My aquariums would be the least of my worries if the sector tanked... as the economic impact of that would be so far reaching to businesses & lives beyond oil & gas, it'd be like the automotive industry bust in Ontario. People in the local area curb all their discretionary spending and can't find jobs. The cascading economic benefits of consumer spending is what economists call the multiplier effect--which would be all but wiped out.

As it is, I consider all my spending into aquariums as 'sunk costs' (ie it's not a value-retaining asset category and only worthy of salvage value)... just like cars.