China isn't stockpiling oil

Discussion in 'Economics' started by scriabinop23, May 13, 2008.

  1. pbj

    pbj



    The federal prosecutors are chosen by the same Republicans.
     
    #11     May 14, 2008
  2. Let 'em prosecute. Clinton used up all his "get out of jail free" passes before he left office.

    Bush only used one for Libby, so he's got plenty left over...

    http://ap.google.com/article/ALeqM5j9F8l8tbzv0Q3FWDokz-0PxKHvugD90KCJJO0

    "WASHINGTON (AP) — The Bush administration repeatedly ignored corruption at the highest levels within the Iraqi government and kept secret potentially embarrassing information so as not to undermine its relationship with Baghdad, according to two former State Department employees."

    "It is a cruel irony if we are appropriating money next Thursday or did appropriate money last month or last year and that money ends up actually providing the resources for an insurgency in Iraq which ends up killing Americans," said Dorgan, D-N.D.
     
    #12     May 14, 2008

  3. so many people have siad Bush II Administration is one of the most impeachable in all of American history,

    probably a straw poll of the general populace would say it more colorfully...

    either way, those elephants sure dumped, and dumped huge mounds on all of us citizens....

    huge mounds of stinky, smelly stuff,,,,

    and we all have the economy to prove it!
     
    #13     May 14, 2008
  4. GDP is just shit.

    population: 1.4 billion vs 300 million

    China need to catch up in producing 4 times CO2 as US do.

    Should US limit its CO2 per capita or
    should China catch up?

     
    #14     May 14, 2008
  5. wohc

    wohc

    What do you expect from the most populous developing country? Did anyone criticize the US during developing stage back then? Please be reasonable, don't double standard.
     
    #15     May 15, 2008
  6. China is doing quick fixes to come out of a 50+ year sleep

    they are buying all available commodities on the open marekt, both surplus and pledged assets and as such, are driving up the costs all over and causing the inflation pandora to come out just like the smoke monster on LOST!

    what China will have to do is just like every other country and nation,

    1) devalue their currency to kill this inflation
    2) develop their own natural resources
    3) be market sensitive like all other countries, to price, demand and destabilizing the marketplace

    when their 3 Gorges Dam finishes coming online (in stages presently), then their ability to follow the US in converting their fleets to electric motion away from combustion will be easier upon them.

    oil will collapse to the point where they will be giving it away.

    the US needs to release their global domination plans, where in they let fly Superman, Batman, Fantastic Four, RocketMan and Wonder Woman (yeah, even in arab lands, without a burkah)....

    iow, mass conversion from combustion engines (gasoline) to electric motion engines, both through 100% manufactured from start and conversion kit change overs...

    then oil will plummet and never see these levels again


    no, not dreaming on this one guys.....
     
    #16     May 15, 2008
  7. Yup, they don't care.

    But neither do we - since Walmart keeps paying them to make the stuff and we keep buying it.

    So maybe if some companies didn't send the manufacturing jobs over there so they could make stuff cheap with their tons of cheap labor and careless pollution and we didn't shop at Walmart and buy the stuff they wouldn't be polluting as much.
     
    #17     May 15, 2008
  8. bellman

    bellman

    You do realize that to devalue a currency by it's very definition signifies to increase inflation? And that by making point #1 about fighting inflation by devaluing the currency, it was exceedingly difficult to read points 2 & 3.

     
    #18     May 15, 2008

  9. its called Bush Economics!

    hey, what do you want for someone that probably paid someone to take his classes, and still get C's

    the US are doing it, so it must be good,

    oh, yeah, be afraid that no one else can fight these terrorists,
    oh, yeah, be aftaid that no one else can lead and provide leadership....

    some would call that just being block headed..

    so, yeah, just follow the instructions,
    take step 1,
    then 2,
    then 3 and then

    you'll be just like the US!

    surprising, but it makes sense according to what they have done to us all....
     
    #19     May 15, 2008