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To: familyop
Without an enormous increase in our manufacturing base on U.S. soil very soon to provide real revenues (not U.S.-”based” manufacturing on foreign soil), bonds yields will rise rapidly, while prices plummet.

Increased oil production is accomplishing a lot of that. Without it, we'd have crashed several years ago.

19 posted on 01/19/2014 8:21:03 PM PST by Carry_Okie (Grovelnator Shwarzenkaiser: fasionable fascism one charade at a time.)
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To: Carry_Okie

The more domestic oil production, the better! That’s a good point.

But we do need more than that. Most of the countries that are net exporters (which we’re not) are rather ugly outside of tourist resorts and have fragile and often changing political situations. That’s the way that we’re headed.


23 posted on 01/19/2014 8:47:59 PM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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