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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (66366)9/23/2010 6:43:19 PM
From: KyrosL2 Recommendations  Read Replies (2) of 217591
 
I see the USA as a major net winner in a full scale global trade war, just on the basis of what the USA really needs (as opposed to wants) to import. 20 years ago the US imported 10% of its GDP (most of it oil) and had a thriving middle class. Already oil production in the US is increasing, oil consumption is decreasing, and the new natural gas reserves will last more than 100 years.
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