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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: SliderOnTheBlack who wrote (41164)3/31/2005 11:51:15 PM
From: Webster Groves  Read Replies (1) of 206085
 
More than a little melodramatic. I would say.

For oil to be an economic weapon in the hands of the US,
a few things must first be in place:

1. The US must have oil.
2. The US must be less dependent on the price of oil than a potential economic adversary.
3. The US must be willing to destroy economically weak allies if it is to affect stronger adversaries.

None of these things are true. Your arguments are hot air.

1. China doesn't need energy for its total population. The US does.
2. China doesn't have a commuting infrastructure, where most oil use is wasted on transportation. Not so here at home.
3. China doesn't have a world military presence to maintain, with all the costs and responsibilities.

Both the US and China have ample supplies of coal and uranium. So for non transport energy consumption, both could be self-sufficient. The lack of oil will not cripple China, only deter it from emulating the US. Both countries are led by groups who see political advantages in maintaining an aura of conflict, when cooperation would be less costly in a truly economic sense.

Unfortunately Iraq has shown the Chinese the limitations of US power. Bush should have stopped after Afghanistan, when the quick victory humbled both Russia and China. Those cards, along with world sympathy, have now been wasted.

Major economic collapses have always led to destabilization and eventual military "solutions". I only agree with you that we live in interesting times (and you know you first said that).

wg
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