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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mike M2 who wrote (13579)1/17/2002 12:37:31 AM
From: AC Flyer  Read Replies (1) of 74559
 
You are right, Mike, aircraft carriers and tanks require steel for their construction. Putting aside the minor issue that tanks and aircraft carriers are now both obsolete, courtesy of smart munitions, it does not matter where the steel comes from for the construction of said aircraft carriers and tanks. It does not matter whether it is made by a US steel company or by a Chinese steel company. Except of course unless we are fighting the Chinese, in which case we buy it from a Taiwanese steel company or a Japanese steel company or a Korean steel company or a Russian steel company. Etc.
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