Correct analysis on the surface. Beneath the surface, the US is selling assets to spend today, while China is buying a future revenue stream. Guess who will be better off down the road. It will be the guys who bought a future revenue stream.
Well, I see your point, but if in fact it turns out that this is the peak of the oil market, then the Chinese might live to regret this.
27 posted on 07/06/2005 9:44:03 PM PDT by Rodney King
(No, we can't all just get along.)