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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (60394)2/16/2005 7:25:12 PM
From: Ilaine  Read Replies (1) of 74559
 
I thought we were talking about joint military cooperation, not forex.

I gave up discussing forex when I found that I could never get a simple answer to the following questions:

1) "If you believe that you should balance your income with your output every month, why did you take out a mortgage to buy your house?"

2) "If you believe that you should balance your income with your output every month, why did you take out a student loan to pay for your professional education?"

3) "If you believe that you should balance your income with your output every month, why did you borrow money to build a new factory?"

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Back to military cooperation between Russia and China -- if China can buy all the oil it needs from Russia, this may ease tensions in the Middle East in the next couple of decades.

It is my impression that this is unrealistic, and that China will need Middle Eastern oil for at least the next two decades. If so, China is getting it cheaper because the USA is paying to keep the peace, such as it is, which means that the USA gets cheaper goods from China in return. This is cheaper than China paying to keep the peace directly, and besides, the USA doesn't really want China keeping the peace in the Middle East directly.

This is an old, old discussion between you and me, but it is one that I enjoy.

China doesn't have a history of sending 19-year-old single Chinese men to shoot bad guys in foreign lands. What would make that change?

There are many many 19 year old American men who like the idea of shooting bad guys, and that's not going to change.

Not sure about the Russians.

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Gotta go buy a paper shredder. Be back later.
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