[hunter112]

Well, maybe there is or is not a speculative bubble, but doesn't the China bubble burst soon? When gas and diesel prices go up, people have less money to spend on unnecessary crap, and isn't China the major exporter of that sort of thing?

"Stop Buying Chinese" will become the next patriotic theme in this country, and it won't be either President McCain or President Obama leading that movement. Giving the ChiComms the money to compete with us in the world energy market has and will hurt our economy way more than cheap poisonous trinkets have seemed to help it the last couple of decades. We need to reverse the flow of money to the bloodsuckers that would fight us from without and within.

[21twelve]

China subsidizes their gasoline - it is something like $2.40 a gallon. Must be hard to keep that price level with increased Chinease consumption and $140 barrel prices. However, I’m sure they’ll be able to maintain it.

At least until after the Olympics.