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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: BubbaFred who wrote (61195)	3/20/2005 2:48:58 PM
From: Gib Bogle	Read Replies (2) \| Respond to of 74559

"US now has control of world's oil supply, with production from Iraq." What fraction of the world's oil supply comes from Iraq?

To: BubbaFred who wrote (61195)	3/21/2005 3:25:18 PM
From: Proud Deplorable	Read Replies (1) \| Respond to of 74559

"US now has control of world's oil supply, with production from Iraq" I suppose you think they also control Venezuela's oil? And Iran's? And Russia's? And Canada's? tinyurl.com

To: BubbaFred who wrote (61195)	3/21/2005 3:36:30 PM
From: elmatador	Respond to of 74559

I beg to disagree. US got Iraq to have a buffer when the house of Saudi has to relinquish power as the brothers die out and potential disruptions may be on the crads.

To: BubbaFred who wrote (61195)	3/21/2005 11:19:06 PM
From: Taikun	Respond to of 74559

So basically this move is designed by the US to challenge China's move toward's the dominant nation position. If this is an overt move, then what about a covert move, such as a trade embargo against China over Taiwan? If China crashes, as the result of either of these, what will be the impact on the US. Will manufacturing move home? Will the US nationalize US factories purchased by China and return them to US ownership? This strategy may be a positive for the US's position in the S-T, as it is a form of 'protectionism', but what about US firms who have outsourced to China? They will be really hurt. What about China's purhcases of T-bills. They could flood the market and really damage the dollar. What about Europe? Wouldn't they support China?