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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: Maurice Winn who wrote (72702)4/4/2011 4:43:28 AM
From: elmatador  Read Replies (1) of 217592
 
Why one should not depend on other people's patents.

TECHNICAL EMBARGO.

Ask the Iranians. Why do you think Brazil wants to develop its own technologies to lift pre-salt oil?

It takes longer and drains capital from other sectors of the economy. But it will not leave the oil sector vulnerable in the future to technical embargoes. Again look what the technical embargoes did to Iranian oil.

By the same token. The Chinese do not want to be vulnerable to technical embargoes by depending on foreign patents.

Who invented technical embargoes? You know whom.

You don't? Ok. Then look to the acronym COCOM and you will discover.
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