Posted on 03/22/2012 9:41:41 PM PDT by blam
Wow, the EPA will surely delay that for years based on ... oh, wait...
bttt
Is it time to tar and feather “free traders” yet?
Just asking.
Not advocating any violence mind you. But we really need to stop playing footsie with our adversaries.
And our illustrious President stymies our efforts to achieve oil independence; do I sense a pattern here?
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China is quite determined to be the superpower of the 21st century. They just keep moving forward on that goal!
How are the Feds going to deal with these new developments?
America borrows money (from China) to buy solar panels (made in China) so we can wean ourselves off of foreign oil. China uses the money they got from us to buy more foreign oil and build refineries.
We sure showed those Saudis, didn’t we?
We are so screwed!
The Kenyan administration doesn't want us to use either of those alternatives.
Never mind. Just live with the economic collapse. Barack HUSSEIN wants you to.
Look up www.globalfirepower.com. In terms of military the US is number one and China distant third. In terms of financial power, China has a foreign exchange reserve/asset of 2600 trillion dollars while the US has only a paltry 150 trillion and declining due to deficit spending. In terms of cash on hand China is a superpower and the US public doesn’t know that. While we worry about one Chinese medium size aircraft carrier, we ignore China’s real power - money.
The $8.5 billion joint venture, ....
Egypt is building its largest refinery ever with investment from China. ...
China signed a $23 billion agreement with Nigeria...
The article doesn’t even mention Venezuela/China connection.
Where is China getting all that money?
Why from us !
We have sold our soul, manufacturing, IT, half our services, and even a large percentage of foodstuffs to foreign interests, primarily China.
From the 1970s onward the center of banking has moved to the Far East. The growth of China’s military has a way to go to catch up to the USA’s but they’re moving fast. They increase their military budget every year.
Yup. Foodstuff!!
People have a hard time believing that.
I read recently that 80% of the garlic and apple juice consumed in the USA is imported from China. I wonder what else is in them?
We’ve heard about wheat gluten imported from China for a while but I recently heard another cherished product coming from there..honey.
Oh, a lot of our vitamins too.
Buy stock in oil companies, gun companies, and bicycle and motorcycle companies?
Cheers!
Gold and silver too?
The rise of the yuan will do the same as well. But rather than some sudden collapse of the dollar, there will be a slow retreat as the dominant currency, to one of three major currencies in the world; the dollar, the Euro, and the yuan. This will happen, not over 5 years, but likely over the next two decades.
And while the oil is one significant commodity, it is still just one commodity.
The rise of the yuan will do the same as well. But rather than some sudden collapse of the dollar, it will be a slow retreat as the dominant currency, to one of three major currencies in the world; the dollar, the Euro, and the yuan. This will happen, not over 5 years, but likely over the next two decades.
And while oil is a significant commodity, it is still just one commodity.
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