To: DeaconBenjamin
imports of crude oil hitting their third-highest levels ever at 5.56m barrels per day, up 8.6% from the previous year. Crude goes up 8.6%, ok.
But...
copper, up 50.5% from the previous year.
grain that recorded the single biggest year-on-year jump in percentage terms of any commodity with a 500% increase
China's wheat imports in January and February were 580,000 tonnes, more than three times higher (300%) than the same period last year.
Ok, the crude sounds about right at 8.6% and manufacturing MIGHT soak up a 50% increase of copper BUT the population did not increase by 300 - 500%.
They are "prepping."
.
15 posted on
04/14/2012 3:01:51 PM PDT by
TLI
( ITINERIS IMPENDEO VALHALLA)
To: TLI; Vince Ferrer; Olog-hai; Tailback; BfloGuy
They are "prepping."
What they are "prepping" is their American size dinner to satisfy their growing appetite for the Western lifestyle.
They are eating more beef, pork and chicken than previous generations ever dreamed of.
They are "winning" the economic war and I seriously doubt they are going to change their game plan as long as it is successful.
To use an old phrase: "He who has the most toys win"
And they are in the market for more expensive "play pretties" which I don't think they want scratched.
29 posted on
04/16/2012 10:20:53 AM PDT by
RedMonqey
(A politician's integrity is usually only as strong as his poll numbers.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson