Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (4665)	4/19/2004 5:40:01 PM
From: CalculatedRisk	Read Replies (3) \| Respond to of 116555

This comment on oil and China is dead-on: Q. If you're afraid of China's energy needs adding to conflict in the Middle East, what policies toward OPEC and the Middle East oil countries do you suggest China should follow? A. I think personally that China should do everything it can to avoid making the mistakes the US has made, which is to invest too much money in oil infrastructure. China is in a relatively good position, because it's not over-invested in oil. It's still making its first steps into industrialization, and it can leap-frog oil and move directly to the next sources of energy, instead of becoming dependent like the United States. I don't think there is a place for both China and the US in the oil market; in the long run, it's a recipe for disaster, and I think it will affect relations between China and the United States. MY COMMENT: China leapfrogged phone service (went to cell phones without building out land lines) much the same way. America should lead the revolution to alternative energies ... the benefits are huge.

To: mishedlo who wrote (4665)	4/20/2004 10:47:53 AM
From: Wyätt Gwyön	Respond to of 116555

China and US should embark on a strategic dialogue on energy, to sit down together and realize it will not benefit China or the US if China becomes a massive oil-importing country his prescription is for China, a poor country, to do a lot of very expensive things in order to keep oil cheaper for America, a rich country. this is just too farking hilarious. the steps he describes are what the US, not China, should take the lead in doing. so if this crackpot "dialogue" ever comes to pass, the Chinese will till the Americans and their idiotic advisors to piss off--it is not the obligation of the Chinese to make oil cheap for the greedy and piggish United States.