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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (2205)11/16/2003 9:06:40 AM
From: el_gaviero  Read Replies (1) of 110194
 
Jay, thanks for your always very interesting posts. One question and one question only: how does China deal with the problem of oil.

Yearly oil consumption, per capita, in the USA is about 30 barrels.

In China it’s about --- what? --- half a barrel?

No way China gets anywhere near our level before we all go over the top and start downhill on Hubbert’s roller-coaster.
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