Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (61471)	4/2/2005 3:18:17 AM
From: TobagoJack	Read Replies (3) of 74559

EP, <<"high oil price is a strategic move against China">> ... :0) all that outsourcing and FDI must be a strategic move against China as well. If true, wonderful, HK can use more of that kind of strategic thinking and what passes to be brilliance :0) It is good that the world is so full of simpletons who would not know a strategy if they splat against one on the bright sunlit beach. I suppose the Chinese officialdom can simply cut tariff on petro products and lower the effective price of oil and watch J6P switch from Hummers to bicycles ;0) Folks also forget that Chinese refinery costs less than US refinery complexes. The price of raw material does not determine everything. Not even close. J6P treats cheap oil as a birthright and they automatically think everybody else normally gets gas at under 2/gallon. Either that or folks really cannot do math. The so-called "high oil price" strategy may work when all the factories are gone from the homeland and gas sells for USD 4/gallon. At that rate, Japan pulls back financing, and J6P blows up. <<AIG>> ... I missed that one as well. The financial complex is having a breakdown, and if continued, will affect the overpriced pieces of are commonly known as homes. <<energy price>> ... perplexed? why, how, in what way? I am keenly interested in your updated puzzlings. Chugs, Jay

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