A traditional English language idiom. This phrase personifies optimism: the belief that all things are possible and that opportunity is limitless.

The phrase is often used as an answer to a general question on someone's outlook- their opinion on how things are going to work out on a particular endeavor or experience:

"How do you think that Alaskan oil drilling is going? "
"The sky's the limit!"

See also: rose colored glasses.

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